32 projects have been awarded funding through the $20 million Greater Binghamton Fund. The initiative is intended to facilitate key economic development projects in Binghamton, Johnson City and Endicott. The Southern Tier Regional Economic Development Council solicited public input through a series of events, including community meetings in each “iDistrict”, industry focus groups, stakeholder meetings, and advice and guidance of the Regional Economic Development Council’s Greater Binghamton Work group. Combined, the projects will include 139,000 square-feet of renovated or new commercial space, 12 streetscape or pubic realm projects, the renovation of four historically significant properties, 30 public art installations, 3 demolitions, 20 façade renovations, the adaptive reuse of nine vacant buildings and the construction of 145 new affordable and market-rate housing units. All told, the initiative represents a combined $80.3 million in both public and private investment.
The complete press release can be seen at www.myhometowntoday.com.