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Superintendent recommends selling 501 West University as-is; trustees weigh demolition costs, zoning and community input
Summary
Superintendent Russo recommended the Rochester district move to sell the vacant 501 West University property as-is after presenting condition, holding costs, appraisal and demolition/abatement estimates; trustees raised zoning, historic value and the need for community input before any vote.
Superintendent Tim Russo recommended the board consider selling 501 West University "as is," after presenting historical information, appraisal values and a range of costs tied to reuse or demolition.
Russo said the multi-story former administration building contains about 88,504 gross square feet on a 4.3-acre site, was vacated in February 2022, and would require extensive rehabilitation for reuse. A 2019 renovation estimate put minimal renovation costs at $19 million; Russo said construction costs have risen about 30'…
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