Summary

390 East CBM LLC, (390 East) a real estate holding company, proposes the redevelopment of the current East Ave Inn which was constructed in 1957, at the corner of East Ave. and Alexander Street.  The proposed project will be to construct a 125-room Marriott Courtyard on 2.47 acres in the City of Rochester. The project will include 2,000 sq. ft. of meeting rooms, a business center, a restaurant area, as well as other amenities.  Underground and surface parking areas will be available for approximately 160 cars. The project qualifies as it is in/contiguous to a distressed census tract. There is a PILOT on the property which will be terminated. The applicant is seeking approval of sales tax and mortgage recording tax exemption and a JobsPlus PILOT.  The project will impact 18 FTEs and create an additional 18 FTEs. The benefit to incentive ratio is 2.1:1.

Applicant
390 East CBM, LLC
East Ave and Alexander St
Rochester, NY
Project Address
East Ave and Alexander St
Rochester, NY
Jobs
Existing: 18 FTEs
New: 18 FTEs

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