Parcel 5 Will Become Golisano Center for the Performing Arts

Mayor Lovely Warren announce TODAY that a performing arts center will be built on 'Parcel 5' at Midtown in downtown Rochester.

It will feature housing, retail shops, restaurants and additional parking.

It is estimated to cost $130 million. Last month, Paychex founder Tom Golisano pledged $25 million to the performing arts center in Rochester.

The performing arts center will have about 3,000 seats. A residential tower is also being planned with 150 rental units, along with retail shops and restaurants.

They are estimating an estimated 360,000 people being brought downtown annually with a projected $18.5 million in ticket sales.

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