BINGHAMTON, N.Y. — Empire State Development has awarded the City of Binghamton a $75,000 grant for redevelopment planning at the Binghamton Plaza site under the state’s strategic planning and feasibility studies program.
The city will use the grant funding to create a “detailed roadmap” for redevelopment of 33 West State St., the site of the Binghamton Plaza, and identify economic-development opportunities following demolition.
The study will evaluate market conditions, economic impacts, job creation potential, infrastructure needs, zoning requirements and funding opportunities for potential land uses. Binghamton officials plan additional outreach to residents, businesses, and other stakeholders.
(Sponsored)
In a World of Complex Cyber Threats, Small Fixes Still Work
Cybersecurity headlines seem to get scarier by the week. Ransomware brings international airports to a standstill. Artificial intelligence is being used to supercharge phishing campaigns and discover new vulnerabilities. Nation-states
10 Reasons Your Business Needs Cyber Insurance
1. Cyber crime is the fastest growing crime in the world, but most attacks are not covered by standard property or crime insurance policies. New crimes are emerging every day.
“Now with support from New York State’s economic development authority, we’re continuing to take bold action to realize a better future for this property and Binghamton’s North Side,” Binghamton Mayor Jared Kraham said in the city’s announcement. “This study is the next step toward delivering on what North Side residents have spent decades calling for — real change that makes the Binghamton Plaza site a driver of economic development and revitalization.”
The study will build on years of public-planning efforts and public-engagement covering the Binghamton Plaza site, including the North Chenango River Brownfield Opportunity Area study, the local waterfront revitalization plan, and the city’s comprehensive plan.
The City of Binghamton will issue a request for qualifications soon for a consultant to lead the study.
The city also expects to take control of the Binghamton Plaza site later this year after winning its eminent-domain case against the owners in a unanimous decision by the New York State Supreme Court, Appellate Division. Binghamton officials also plan to demolish the largely vacant shopping plaza in the coming months.
