The site of the former iconic Hoffman’s Furniture store in the heart of downtown Rochester will soon see new life with construction underway for a 6-story mixed-use building with financing support led by MVSB (Meredith Village Savings Bank). Developers Paul and Greg Grant of Lilac City Development purchased the site at 44-55 North Main Street in November 2021. The former furniture store had sat vacant for more than 30 years before being demolished in August 2022. Traynor Cully, MVSB Commercial Loan Officer, worked closely with Paul and Greg to develop a $13 million construction lending package to lead financing efforts […]
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