RBTL: Canal Ponds makes its pitch

By Jeremy Moule on November 5, 2009

Representatives from J. Fiore & Co., the DiMarco Group, and Bergmann Associates pitched a property in the Canal Ponds commercial park to an RBTL selection committee this afternoon - Morgan Management is also involved in the proposal.

The presenters emphasized many benefits of the sites, which straddles the Greece and Gates town line. But one of the biggies was its proximity to a stretch of I-390 that handles an average 90,000 vehicles a day. That, say presenters, would give RBTL a high-profile theater that's easy to get to.

As for amenities: Canal Ponds has 1,300 parking spaces, access and parking for tractor-trailers, trails, and a promenade. It's also surrounded by offices and retail.

Some of the approvals that RBTL would need have already taken place, and the presenters pointed out that a negative declaration is likely during the state environmental review process, which is good from a developer's standpoint.

The company proposes building a hotel and a restaurant on the site as well, and has enlisted the Rochester Riverside Convention Center's Joe Floreano to serve as a restaurant and management consultant. For the theater, they envision a three-tier front lobby faced in glass.

As has been the case with all of these presentations, the developer or RBTL representatives made no mention of how to pay for the theater, or what sort of operating arrangement would be in place. All of those discussions are happening in private.

The Canal Ponds presentation was the third of five being made to RBTL officials. Next up is Webster on Thursday, November 12.