1050 John Street LLC, a real estate holding company, proposes to construct a 30,000 square foot facility on 3.9 acres in the Town of Henrietta. The building will be the new Rochester office location for Viavi Solutions Inc. (Viavi).
In October 2018, Viavi acquired RPC Photonics (RPC). Viavi produces high-performance thin film optical coatings. The RPC Division manufacturers optical components used for 3D sensing and other related applications.
Viavi has a growth opportunity with RPC’s proprietary solutions. The applicant is seeking approval of the JobsPlus property tax abatement, sales and mortgage recording tax exemption on purchases of construction of the new building totaling $4,550,000. Viavi Solutions Inc., as the tenant, seeks sales tax exemption on purchases of construction materials for a clean room, furniture, fixtures and equipment totaling $3,050,000. The total project cost is $7,850,000. The job creation requirement is 5 FTE over the next three years. The benefit to incentive ratio is 1.8 : 1.