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Developer reaches agreement with Canandaigua City Council for Labelon building project

The project to renovate the vacant Labelon building located near Canandaigua City Hall moves forward as developer is given key approval by City Council.

The Canandaigua City Council approved a payment in lieu of taxes agreement with Buffalo-based developer Savarino Properties in a 6-3 vote at their Thursday, March 3 meeting, according to the Daily Messenger.

Savarino Properties plans on converting the 10 Chapin St. building into 48 housing units, with 40 of those designated as “moderately affordable.” The $21 million project would also include 12,000 square feet to be used for commercial purposes. City Manager John Goodwin said renovations could begin as early as August or September of this year.