A major project for our area is getting some help from a local government agency
COMIDA, the County of Monroe Industrial Development Agency has approved incentives for the College Town project, which is adjacent to the University of Rochester. That project involves development on a 14 acre site, and includes construction of a Barnes and Noble store, a supermarket, housing and other amenities.
COMIDA approved $13.5 million dollars in tax incentives for the project on Tuesday, but the agency's director, Judy Seil, says it will generate more than $21 million dollars in economic benefit for the region.
The College Town project is expected to create about 180 new jobs over the next three years. Groundbreaking is tenatively scheduled for this summer.