Rochester, NY (2016)

Sibley Mixed-Use

Iconic Rochester, NY building gets wholesale landmark makeover


  • NMTC Amount: $30,112,500
  • Total Project Cost: $54,509,650


  • 43 FTE jobs
  • 348 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.
  • 1,000,000 sq. ft. of real estate


Project Description

The Sibley Building in Rochester, N.Y.–once the largest department store between New York City and Chicago–is being reborn as Sibley Square. Boston-based WinnDevelopment is renovating the 1-million sq. ft. property with a variety of financial sources, including equity from low-income housing tax credits (LIHTCs), new markets tax credits (NMTCs) and federal and state historic tax credits (HTCs).


Address: 250 East Main Street, Rochester, NY 14604

Census Tract: 36055009400

Related Projects

Chicago, (2014)