Binghamton Plaza Redevelopment Moves Forward; Demolition Bids Under Review
What happened
Mayor Jared Kraham attended a meeting to discuss the future use of the 27-acre Binghamton Plaza site on West State Street. The city, which took ownership of the property last March after an eminent domain case against Galesi Realty of New Jersey, has received bids for demolition. City officials are currently analyzing these bids and discussing the removal of existing structures, which is complicated by environmental issues.
From wnbf.com
Why it matters
The redevelopment plans for Binghamton Plaza could potentially include commercial or light industrial development, as well as residential projects that are not single-family homes. This local project is linked to downtown revitalization efforts supported by grants administered by NYSDOT.
Mayor Kraham linked the local project to downtown revitalization, which is supported by grants administered by NYSDOT.
From wnbf.com