One of the city’s priority redevelopment projects is getting a shot in the arm to the tune of $1 million.
The rehab of the former Labelon building at 10 Chapin St. is one of 10 projects receiving state money through the Restore New York Communities Initiative, Gov. Andrew Cuomo announced Monday.
City Manager John Goodwin said he is hopeful this is the first domino in the revitalization of an already beautiful downtown. The vacant, dilapidated building has been a blight on the community for years, he said.
“This is fantastic news,” Goodwin said. “I see this as a game changer for downtown revitalization.”
Canandaigua Crossroads LLC, an offshoot of DHD Ventures, is looking to turn the former film and office supply manufacturing facility to a mixed-use development with 52 residential units, including 10 penthouse units.
A spokesperson for the developer was not immediately available to comment.
The grant would assist with the environmental cleanup at the site. Some work had started at the site, but came to a stop several months ago.
Goodwin said the grant money is an essential piece in getting the project completed.