Stadium Estates Breaks Ground in JOSANA Neighborhood
Groundbreaking ceremonies were held October 6 for Stadium Estates, a new affordable housing project designed by SWBR, which will be built across the street from Sahlen's Stadium in the JOSANA neighborhood in Rochester. The project will consist of 45 3, 4 or 5 bedroom rental units, with the possibility of home ownership in the future.
Rochester Mayor, Lovely Warren, notes that a city is only as strong as its neighborhood, and we can make all the investment in downtown Rochester we want to, but if we don't take care of our neighborhoods for our children, our schools and families, the city won't survive.
The project cost is estimated around $10.5 million dollars, with the state investing 9.2 million toward Stadium Estates. There are several partners involved in this project: Co-developers Charles Settlement House and Rochester's Cornerstone Group, Atlas Builders,
SWBR Architects, Stantec, Davidson Fink LLP, City of Rochester, NYS Homes and Community Renewal, Federal Home Loan Band of New York, NYS Housing Trust Fund, Raymond James Tax Credit Funds, inc., and Citizens Bank.
Construction is estimated to take about a year.