Updated: October 23, 2020 03:15 PM
Created: October 23, 2020 07:27 AM
ROCHESTER, N.Y. (WHEC) — The future of Rochester's Xerox Tower has a new name, "Innovation Square."
Developer Andy Gallina made the announcement during a news conference Friday afternoon. The plan is to transform 15 of the floors into student dorms and suites for upperclassmen at every area college and university. Galina says two years of research shows the "activity" is in academics. The tower will become a campus with classes, and connection to hi-tech companies in downtown.
A rendering of Innovation Square, the next iteration of Xerox Tower.— Berkeley Brean (@whec_bbrean) October 23, 2020
The plan is to transform it into 15 floors of student dorms and suites, upperclassmen from every college and university in our area. @news10nbc pic.twitter.com/RgcnaE3XxE
The owner, Gallina Development says 2 years of research shows the “activity” is in academics. The tower will become a “campus” with classes and connections to hi-tech companies in downtown. @news10nbc https://t.co/VAT5TRgOAp— Berkeley Brean (@whec_bbrean) October 23, 2020
Gallina bought the Xerox Tower in September, the 30 story building was once the world headquarters of Xerox. Right now, just one tenant occupies the 14th and 15th floors.
Gallina told News10NBC -- he plans to keep the building’s auditorium and turn the rest of the building into a mix of housing and commercial space.
Mayor Lovely Warren released the following statement on the project:
“Innovation Square will bring new life to another portion of Downtown and builds upon our success in attracting over $300 million in private investment to Rochester in the last 8 years. By bringing students, high-tech businesses and the community together, this project will create more jobs, safer, more vibrant neighborhoods and greater educational opportunities. I can’t wait until we can see all these students enjoying Party in the Park, the Jazz Festival and all our city has to offer.”
We'll break it all down for you starting on News10NBC at 5.
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