The Hue apartments at 33 Fourth St. SW were purchased by Mora, Minn.-based Gorham Housing Partners III, LLP on Dec, 29. Gorham paid a $3.6 million down payment. The 50-unit complex stands on the former site of Gallery 24/The Creative Salon next to 318 Commons.
The shell of the 121,000-square-foot science and technology complex, linked to the original One Discovery Square center, is wrapping construction at 300 Second Ave. SW. The next stage of construction will build out the public meeting areas and lobby, and start work on tenant spaces aiming toward completion this summer.
Responding to a national news report that included the Rochester flight in a list of flights being grounded by Delta, Rochester International Airport Director John Reed confirmed that Delta is making a change.
The grant dollars--part of DEED's newly created Main Street Economic Revitalization Program--will be used to help central business districts rebuild and reposition themselves in the face of a substantially changing downtown economy.