Wedgepoint Apartments is a mixed-income, mixed-use, new construction development located in Rochester’s South Wedge neighborhood.
The development offers 60 units of mixed-income housing serving tenants with household incomes between 50-90% AMI and provides ground floor commercial space. Wedgepoint Apartments was built on a vacant parcel and former location of a Travel Lodge that operated there for decades but became vacant and fell into disrepair. PathStone was the developer of Wedgepoint Apartments and manages the project. GRHP provided a predevelopment loan to help the project secure construction and permanent financing and participated on the project’s construction loan with Key Bank as lead lender. Photo credit: SWBR Architects and PathStone.