Rochester Senator Joe Robach joined U.S. Sen. Chuck Schumer, Rochester Mayor Thomas Richards and Pike Company Chairman and CEO Tom Judson and Windstream President and CEO Jeff Gardner in officially celebrating the completion of the Seneca Building’s reconstruction and the creation of jobs on the property. Pike invested $19 million to redevelop the building for Windstream and other prospective tenants.
The project was the first private development to take hold on the Midtown Rising site after Windstream acquired PAETEC Holding Corp. two years ago. With Pike’s reconstruction of the 109,000-square-foot former Seneca Building now complete, Windstream will house its employees on two of the building’s three floors, comprising 66,667 square feet. Windstream also will maintain an office in Perinton. The third floor of the Seneca Building, comprising 37,000 square feet, is still available for lease. Pike Chairman and CEO Tom Judson said he hopes other companies will follow Windstream’s lead and consider the Midtown Rising site.
New York State provided $55 million for the Midtown Rising project, $44 million of which was used for the asbestos remediation and demolition of six buildings covering more than eight acres that make up the Midtown site. Construction work is under way on the underground service tunnel and 1,800-vehicle underground garage. Above ground, a new street grid, sidewalks and lighting are under way as is construction on the other development parcels and the public space with the remaining $11 million grant from New York State.
The total investment in the Midtown Rising Project, including acquisition, relocation, demolition, infrastructure, rehabilitation of the garage, the redevelopment of the Seneca Building, and more recently, investment in the Midtown Tower site, is more than $181 million.