WHAM – Rochester, NY – State and regional leaders were in Rochester Wednesday morning to witness the groundbreaking for a new $53 million mixed-use area in the Eastman Business Park.

The Eastman Reserve development will mix 187 rental units and several commercial buildings and units in 17 buildings. Out of the those rental units, 27 will be designed for homeless young people who will have on-site support services.

The development is being erected in a former Kodak parking lot.

Rental rates will be between 60 and 130 percent of the area median income, which was $55,134 in 2016, according to census data. Area median incomes are determined by the county median income, not the municipality median income.

The Eastman Reserve will have a clubhouse with a computer lab, on-site staff offices for resident services and property management, a large community room with a fireplace and kitchenette, a wraparound porch, and a laundry room. Tenants can also expect to have in-unit washers and dryers, a playground, a pavilion with grilling stations, a fitness center, private parking, secure interior bicycle storage, a rooftop patio, video entry security intercom and on-site video surveillance cameras, 24-hour emergency maintenance, and a dog park exclusively for residents.

Multiple New York State Homes and Community Renewal programs are funding the project, including $25.5 million in tax exempt bonds, $10.6 million through the state and federal New Construction Capital program, $5.1 million from HCR’s Middle Income Housing Program, and nearly $20 million in low income housing tax credits.

A completion date for the construction was not announced Wednesday.