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Old 12-17-2014, 10:24 PM
 
1,330 posts, read 1,317,747 times
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HTR has announced where they are going with their new downtown innovation hub. They are going into the 6th floor of the Sibley building. That's kind of where I thought HTR might be going based on the hints they were saying earlier in the year about their preferred downtown location. It's so great seeing that beautiful building being utlized in such a great way too.

Quote:
Sibley's former Tea Room restaurant will be the new headquarters for the High Tech Rochester business incubator — expected to open in early 2016.

"When you walk into this space, you are going to be able to feel the energy ... and the potential," said James Senall, president of High Tech Rochester. "It's going to be awesome."

The sixth-floor space will be renovated in phases, offering a mix of shared and traditional office space, wet labs for biotech startups and a 100-seat auditorium. Combined with an enclosed 10,000-square-foot rooftop events area, the new downtown location forms what the state sees as "the cornerstone component" of the city's newly designated Downtown Innovation Zone.

In total square footage, it will be about 50 percent larger than HTR's existing Henrietta office, south of the Rochester Institute of Technology campus, which will remain open as a suburban, satellite option.

The goal is to create a nerve center of sorts, connecting services from across the region to assist startups as High Tech Rochester's $24 million Finger Lakes Business Accelerator Cooperative. The initiative was awarded $5 million in the latest round of Economic Development Council funding, adding to the $5 million received in 2010 and 2011 to build out a video conference system for the nine-county region.

"This is huge," said Lt. Gov. Robert Duffy, the city's former mayor who is winding down his time in Albany and returning to lead the Rochester Business Alliance.

Duffy will begin his new role on or about Jan. 5. He is prohibited from lobbying the executive chamber for two years but is otherwise unrestricted, he said, when it comes to the Legislature and others. Duffy said he has largely packed up his Albany office, will likely be back in Albany for Gov. Andrew Cuomo's swearing-in and State of the State address, but otherwise is "looking forward to coming home." He met with the Community Coalition on Monday as he begins the transition.

High Tech Rochester's Business Accelerator promises to create 1,000 jobs over the next five years.
Sibley's Tea Room to serve Rochester tech start-ups
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