Posted Jan 14, 2017, 6:57 PM
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Moderator
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Join Date: Jan 2009
Location: Chicago, IL —-Austin, TX
Posts: 12,736
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Scaled-down Broadway at Center ready to go
Dec 24, 2016
Quote:
A scaled-down version of the long-delayed hotel and mixed-use project at South Broadway and East Center Street in Rochester is moving ahead with a new development team.
The project planned for the southeast corner of Broadway and Center has changed from being a 23-story tower with 33 apartment units and other commercial space to being a 19-story, 264-room Hilton hotel, with restaurants and retail.
Friday's announcement also dropped the development's well-known name of Broadway at Center, with the project now referred to simply as a Hilton hotel.
Titan, owned by Andy Chafoulias, and Harbor Bay Real Estate Advisors, of Chicago, announced the changes Friday along with final approval of the financing for the project. Earlier this year, the project was delayed due to a high-profile Saudi prince failing to invest in the project.
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