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Fulton County could aid proposed development with READI grant; wait on for state announcement

A proposed 83-acre development would bring multi-family housing, hotel space and retail to Rochester and Fulton County.


Commissioner Brian Lewis said the Tuesday presentation before commissioners offers something the area needs.  



Lewis says a study has told Fulton County something it knows, hotels are needed.



The plans preliminary right now, but hopeful.



The development could include an area for hotels, over 600 apartment units and retail space.


FEDCO Executive Director Terry Lee says for the RealtyMatrix development, the infrastructure (water, sewer, storm water/detention, streets) was preliminarily listed at approx $10m. So for their project, the local match would need to be $5 million with $5 million from READI, if awarded.