A building that stood vacant in downtown Rochester for years is now open after a $7 million rehabilitation effort.
The Academy Building, a four-story, 36,000 square-foot building has been converted into 21 one- to three-bedroom residential lofts and commercial space.
The renovation created about 100 construction jobs, and another 50 jobs will be created with the future addition of a restaurant in the building.
"We came to believe in the city of Rochester and the Rochester economy and what it has to offer. We are committed to doing business in this central location here in Rochester and providing the finest accommodations and services to the people of Rochester," said George Traikos, Fitzhugh Associates, LLC.
The project hopes to attract young professionals and empty nesters to the luxury lofts.