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10/22/2012 03:03 PM

RIT To Open Center for Urban Entrepreneurship in Downtown Rochester

By: YNN Staff

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RIT plans to make a move back to downtown Rochester.

RIT is opening a Center for Urban Entrepreneurship on Franklin Street. The center will offer entrepreneur training, help displaced workers become business owners, and work with non-profit organizations.

It'll be located at 44 Franklin Street. Rochester Historic Ventures donated the building. The university says it will cost about $1.2 million to refurbish parts of the building and another two to four million to prepare the building for programming needs.

RIT's original campus was located in downtown Rochester, but moved to Henrietta in 1968.

"Now as all of you know, this whole area is sort of a current area of revitalization. We are so, so proud for the opportunity to come down here and be a part of the revitalization of the inner city-right at the heart of the city, where so much is going on, so this is a real thrill for us," said Bill Destler, RIT president.

RIT's Center for Urban Entrepreneurship is expected to open next fall.