Xerox Square is about to have a new owner. Buckingham Properties is buying the landmark property, which houses operations for 1,400 workers. For now, Xerox is the only tenant in the building. Buckinghman Properties will makeover Xerox’s neighbor, Midtown Tower, in the coming months.
Xerox Square was built in the mid-1960s on the former site of Loew’s Theater. At 443 feet and 30 stories, it remains the tallest building in Rochester. At the time it was built, it was the tallest building made of exposed garnet aggregate concrete. Soon after it was completed, Xerox moved its headquarters to Stamford, Connecticut.
According to Concrete Repair Bulletin, the building was damaged in a mild 1998 earthquake. Concrete fell from the third floor, revealing deterioration and extensive “honeycombs” that allowed moisture and corrosion. The facade was repaired between 2002 and 2005, requiring 100,000 man hours. It was a challenge to match the aesthetics of the concrete finish.
Xerox Square had been for sale since 2009. The purchase by Buckingham and commitment to keep employees there is a good thing. The Bausch + Lomb building downtown is still for sale. Chase recently invested millions of dollars to renovate its high rise. The HSBC building appears to be in flux, as the bank has pulled out of many operations.
Xerox Square is an important part of the Rochester skyline. I’ve appreciated it more as time goes by. It’s stark and elegant. Some days it looks gray. Other days it looks black. Rochester really does have a cool skyline, doesn’t it? No other Upstate city has a cluster of such easily identifiable tall buildings, indicating you’re home.
Links of the Day:
– Federal authorities are trying to figure out how a child rape and murder suspect deactivated his ankle monitor.