First & Banks Brings Modern Apartments to Downtown Rochester

First & Banks is a multifamily apartment community built on the site of the former YMCA. The project is owned by Enclave Companies and was developed with construction overseen by a local team specializing in high-quality residential buildings.

The community offers 219 units ranging from studios to three-bedroom apartments, including two-story walkouts and penthouse suites with upgraded finishes. Each apartment features stainless-steel appliances, elevated ceilings, open-concept layouts, walk-in closets, and in-home laundry. Many units provide views of the nearby park.

First & Banks offers an active, community-focused lifestyle with amenities designed for convenience and leisure.

Residents can enjoy:

• Fitness & yoga studio

• Makers’ crafting room

• Bike storage with maintenance station

• Grab-and-go mini-market & coffee bar

• Community lounges & meeting/work pods

• Outdoor courtyards, balconies, and rooftop spaces

• Outdoor pool, year-round hot tub, and indoor heated parking

• Sports simulator & billiard room

• Pet-friendly features, including a pet spa

• Package delivery room, trash chutes, and a stylish lobby with mailroom

Apartment Features:

• Stainless steel appliances

• Gas ranges in top-floor units

• Two-story walk-out units with upgraded finishes

• Penthouse units with premium upgrades

• Elevated 9-foot ceilings

• Open-concept living spaces

• Walk-in closets

• In-home washer & dryer

• Upgraded painted cabinetry

• Studio, 1, 2, and 3-bedroom floor plans

• Stunning park & city views

Located at First Avenue Southwest near the banks of the Zumbro River, First & Banks places residents within walking distance of downtown Rochester, Soldiers Field Veterans Memorial Park, and the Mayo Clinic.

Leasing began in September 2025 with residents moving in shortly after, bringing a high-amenity residential option to the southwest neighborhood.

Enclave Companies guided the vision and ownership of the property while the construction team ensured the project meets modern living standards.

The development reflects the growing demand for urban living with a balance of city access and park-side serenity.