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January 20, 2011

Neighborhood and Business Development Acting Commissioner Bret Garwood and City Council Members Carolee A. Conklin and Dana K. Miller joined Riverview Lofts, LLC today to cut a ceremonial ribbon celebrating the launch of Capron Street Lofts on downtown’s South Avenue. They were joined by Stephen Kiner and Patrick Duffon, partners of Riverview Lofts, to launch the Capron Street Lofts, a mixed use residential and commercial condominium building located at 228 South Avenue/1 Capron Street.

With young urban professionals and empty nesters as the target market in mind, the condominium units at the Capron Street Lofts have a big city feel without the corresponding cost. This formerly vacant, turn-of-the-century warehouse has been recreated into nineteen new residential condominiums, one restaurant, a parking garage, a gated parking lot, and a new roof top garden from which residents will enjoy amazing views of the city that include the downtown skyline, Genesee River, South Wedge neighborhood and the University of Rochester. The condominiums boast exposed wood beams, 12 foot ceilings, exposed brick, balconies, and a certain amount of "flex" space that can be used in several different ways to create a second or third bedroom or kept as wide open loft space. The interior build out of the lofts – specifically the kitchens, bathrooms, appliances, and more – are completely customized as the developer works hand-in-hand with each buyer to create their ideal loft-style home.

Bret Garwood said, “This is a good example of the types of visionary projects needed to increase homeownership in the Center City and that will contribute to the ongoing city-wide revitalization.” Helping to make this roughly $4 million project happen, is a Restore New York grant from Empire State Development Corporation of $1.1 million.

“The natural, exposed elements of the building combined with modern design and high-end interior finishes provides for some of the most creative and attractive living spaces in Rochester,” says Patrick Duffon, one of the project’s developers. The first few condos will be completed and delivered to the initial round of buyers in early February with several others to follow thereafter.
So far, 11 of the lofts have been sold, with 9 residential lofts still available for purchase.

Source http://www.cityofrochester.gov/