Below are the projects approved by The Agency IDA/LDC team and boards, plus relevant reporting information for each project.
The project involves the new construction of a single four-story elevator building with 72 affordable dwelling units, including 27 one-bedroom apartments, 40 two-bedroom apartments, and 4 three-bedroom apartments. Gross monthly basic rents will range from $763 to $1,350. The project includes 6,200 square feet of non-residential space targeted for a daycare center. The building design offers superior quality and condition with high-quality finishes and amenities, all in compliance with the HCR Design Guidelines. The building will include two elevators, laundry facilities, a community room with a kitchen, a management office, and storage. Outdoor spaces will include a playground and surface parking. This project will help the area's vital need for affordable and supportive housing. It will also provide new tax revenue and revitalize vacant land in the Village of Johnson City.
Hello Health, Inc. is excited to propose the development of a new affordable and integrated supportive housing community in the downtown area of the City of Binghamton. The proposed development will convert an existing vacant historic office and manufacturing warehouse into 111 new and high-quality affordable apartments for Individuals and families who suffer from substance use challenges, severe mental Illness, and homeless veterans. This site was selected because of the strong need for affordable and supportive housing in the area and opportunity to revitalize a vacant historic structure in the heart of Downtown Binghamton. The site has easy access to public transportation and is near grocery stores, pharmacies I and retail amenities. For more information, please refer to the enclosed Project narrative.
To renovate 6 Main Street Terrace into 9 market rate apartment units. 78 Main Street will be torn down to accommodate parking.
109 Oak Street (Across from the Binghamton High School) was a gorgeous building when it was built over 100 years ago. It has been vacant for almost a decade now and needs a ton of repair. My company engaged Preservation Studios out of Buffalo, NY to help me restore this building back to its original charm. I will be restoring all the original windows, wood floors, doors and even leaving all original wood beams, while modernizing it at the same time to meet all City/State codes for safety. [Note-a structural engineer has certified that the building is completely safe]. Once complete, this building will be one of the premier market-rate apartment buildings in the area and will be sure to attract local people back to this street. Each unit will be rented by the apartment, not by the bedroom. There will be 16 units once completed.
New construction of steel garage and attached office building.
Renovate the existing building at 1344 Route 26, Vestal, NY, into an ice cream & hot dog stand, including new electrical, plumbing, roof, exterior & interior. Develop/upgrade acreage into a family destination, including family games, decorations, a play yard, a dog park, significant fencing, and a patio.
GJS Property Group, LLC has purchased 85 Main Street, Johnson City, NY, and will construct, renovate, and equip the property and building, including the replacement of cold storage buildings, interior fit-up of office space; perform energy efficiency upgrades; paint the exterior of the building; fix draining issues; mill and replace the parking lot and repair fence and gate.
Installing new facade on 104 and 102 N Duane Ave Re-painting entire building New Signage throughout building New Awnings to be installed on all three sides Repair loading docks and dry wells New blacktop throughout Re-wiring outside electric to accomodate new signage and LED outdoor lighting
We intend to renovate the former National Pipe and Plastics manufacturing facility into a multi-use facility. LCP Group will move current operations to the site and utilize approximately 30,000 sqft of space to grow out asbestos, demolition and recycling business. We will also update and remodel excess space at the site to offer space for leasing. Approximately 115,000 sqft of building space will be available. The space will be best suited as shared space for commercial/industrial companies including construction, recycling, manufacturing, and warehousing.
Renovation of Suite 120 for Tenant (Ramboll Americas Engineering Solutions, Inc.)
The project consists of demolition of old mechanical equipment that is no longer in use for the roof to be prepared for a new TPO system.
The historic rehabilitation of the former EJ Victory Building into a mixed-use commercial building will revitalize an iconic "anchor asset" in the Central Johnson City neighborhood and serve as a catalyst for economic development in Johnson City. When the rehabilitation is completed, the building will provide the neighborhood with 108 market-rate apartments and 7,500 square feet of commercial space for prospective businesses. The creation of a more business-friendly community in this neighborhood will connect the area north of Main Street in Johnson City with the area south of Main Street in Johnson City, which is currently home to the Southern Tier Health Sciences and Technology Innovation Park.
L3 is planning to lease a new facility at 147 Industrial Park Drive to relocate their operations. They will be the sole tenant of this building and will work with the owner on building renovations, including the addtion of 20,000 s/f of space, bringing the building total to 100000 sf. L3 has stated their desire to stay in the area and move into a state of the art free standing building. They are seeking a standard pilot and assistance from NYS to retain more than 105 jobs in Broome County. They plan to create an additional 13 jobs with the move.
GMS Realty, LLP will be looking to purchase the site at 47-51 Pine Camp Drive in the Town of Kirkwood, Broome County, New York. Its affiliated entity, Green Mountain Electric Supply, Inc. (GMES) is a wholesale supplier of electrical supplies and a third-generation family-owned business since 1953. GMES will use the facility for electrical materials and supplies for its wholesale business. The facility will help fulfill its 16 New York branch locations and 2 New York distribution locations - including the recent location it opened in Binghamton. As a location for its wholesale business, GMES will have material coming in from its vendors, storing it, and then shipping it out to and from its branch locations.Size of Proposed Project: Green Mountain Electric Supply will not add to the 287,394-square-foot building. It will only be renovating the current building, and its approximately 48.1 acres.Impact on the Town of Kirkwood: Green Mountain Electric Supply is a high-growth company with ties to its local communities. They are proud of their buildings and do their best to make them look great in their communities. The Town of Kirkwood will be no different. On top of that, GMES would be looking to hire 20 or more people after the completion of this project to help the community with jobs that include warehousing positions, driving positions, and some management positions.
Construction of a new 113 unit (386 bed} student housing residential complex.
Good Shepherd Village at Endwell (the Village) is a fee-for-service continuing care retirementcommunity to be constructed in the Town of Union, Broome County, NY. The Village willinclude 150 independent residential housing units comprised of 70 cottages and 80apartments. The units range in size from one to two bedroom units. The Village will include aHealth Center comprised of a 32 unit adult care facility including 16 enhanced assisted livingsuites and 16 special needs assisted living rooms and a 32 bed residential health care facility.The adult care and residential health care facilities will have dining rooms, resident lounges,activity areas and other support service spaces. The Village will also contain a Center, whichwill include dining rooms and café, library, activity areas, auditorium, country store,barber/beauty shop, administrative offices, resident lounges and other public gathering areas,an indoor heated swimming pool, spa and fitness center.
The Oakdale Mall transformation will include adding diverse commercial businesses, public institutions, medical and wellness services, and new retail to convert a traditional mall into a comprehensive multi-purpose space.
Kashou Ent Inc. will reconstruct the Dome Facility with a 98,000 sqft steel metal building. Looking to expand into new sports programs and event hosting. The new Event Center on Airport Rd will house 5 indoor turf fields, a 2-story clubhouse, which would house a restaurant, retail space, and several other entities that would relate to sports. The new facility will host Soccer, Lacrosse, Field Hockey, softball, Flag Football, and Baseball.
ADEC Solutions USA, Inc. purchased 56 Broome Corp Parkway from The Agency. The company will renovate the facility and purchase machinery and equipment to meet the needs of its business and individual client needs. ADEC has an existing operation in Deposit and will be expanding at the 56 Broome Corp Parkway location.
Pacemaker Steel and Piping Company, Inc. manufactures and distributes steel, aluminum, pipes, valves and fittings to fabricators, manufacturers and mechanical contractors. Pacemaker is looking to expand operations, they purchased an existing building in the City of Binghamton. Pacemaker intends to acquire, renovate and equip the building. This will enable the company to add product offerings, added value services, expand existing product lines, and expand sales territory in the east and south.
Woodburn Court project is an existing 148 unit apartment tower located in Binghamton, New York and built in 1980. The Project consists of an eleven story tower situated on a well-manicured 2.32 acre parcel in downtown Binghamton. The Project is designated for elderly residents and is subject to a Section 8 Housing Assistance Program Contract which covers 147 of the 148 units.
The project entails the construction of an initial 650,000 square foot distribution facility within the Broome Corporate Park in Conklin New York. The project will employ 466 employees within 5 years with a total investment of over $84,000,000.
Newman Development Group acquired the former Sheraton Hotel at 50 Front Street in the City of Binghamton. The building was demolished to make way for 50 Front Street Luxury Apartments. This project will provide 122 modern market-rate apartments within walking distance to downtown Binghamton. 50 Front St was ranked a Priority Project by the Southern Tier Regional Economic Development Council and will be the first new market-rate construction in the city in more than two decades.
The project involves the extensive renovation of the historic Carnegie Library located at 78 Exchange Street, Binghamton, NY into the SUNY Broome Culinary Arts Center.
A mixed-use historic and adaptive reuse of two former Endicott Johnson buildings in Johnson City. This project includes a total of 104 workforce & market-rate apartments and approximately 10,000 square feet of commercial space. These buildings are adjacent to the Binghamton University School of Pharmacy & Pharmaceutical Sciences and Decker School of Nursing.
Construction of a multi-use sports complex which will consist of a new 53,280 s/f metal building and site development construction. The building will include space for athletic fields, weight training, batting cages, café, offices, meeting rooms. Site development will consist of 198-space parking lot, walkways and future outdoor fields.
The project is to purchase the existing 38,000 sq ft. building located at 100 Emerson Pkwy. Binghamton, NY 13905 in order to accommodate the existing and future growth of SaveAround, Inc. SaveAround will utilize the facility to combine both their corporate office and warehouse.
The historic rehabilitation of the former ANSCO Camera Factory into a mixed-use commercial building will revitalize an iconic "anchor asset" in Binghamton's First Ward neighborhood and serve as a catalyst for economic development in west Binghamton. When the rehabilitation is completed, the building will provide the neighborhood with 100 market-rate apartments and 50,000 square feet of commercial space for existing and prospective businesses. The creation of a more business-friendly community in this neighborhood will connect west Binghamton to the Southern Tier Health Sciences and Technology Innovation Park in Johnson City.
The project entails the construction of a 9,000 square foot truck maintenance and corporate headquarters at Pine Camp Road, Kirkwood for KMCC Ventures, LLC. This Project is a direct result of the Dick's Sporting Goods distribution facility project as KMCC was required to relocate to allow DSG to move forward. The company was seeking a new location in both New York and Pennsylvania.
The Project involves the demolition of an existing abandoned structure to be supplanted by a modern ground-up development of a three-floor (and subterranean basement space for recreational activities) with 24 residential units comprised of a unit mix of twelve 3-bedroom, six 2-bedroom and six 1-bedroom units. The total square footage is approximately 31,500. The Project Is expected to be constructed with a modern design consistent with those being constructed at the Binghamton University buildings about one block away. The Project will be sprinklered and meet ADA requirements as all other relevant zoning and code requirements, as determined by the Village of Johnson City.
Dick's Merchandising & Supply Chain, Inc., a wholly owned subsidiary of Dick's Sporting Goods Inc., expanded its Conklin, NY Distribution Center by an additional approximately 245,000 square feet for its new e-commerce center.
The One North Depot mixed use development is located in downtown Binghamton, NY at 1 North Depot Street. This development project will first and foremost provide affordable commercial space, housing, shared work space, and new green space close to the urban core of Binghamton, NY. The primary long term goals of the project are to attract new jobs, new small business, and to attract and retain skilled workers and local college graduates to the vibrant revitalization of downtown Binghamton. One North Depot will be comprised of at least 5 units {11,000 sq ft) of commercial storefront and office space, over 8,000 sq ft of shared work space for small businesses, and entrepreneurs, 10,000 sq ft of outdoor green space, and 55 units (40,500 sq ft) of residential upper floor housing, mostly In the form of 1 bedroom loft apartments. The 1 bedroom apartments will start at about $695 per month. Work/live packages will be available which will Include both an apartment, and a work space on the lower levels to do business out of. A primary focus of the redevelopment project will be to preserve the historic integrity of the structure. The building on site, 1 N Depot St was built between 1876 and 1885, and is listed on the national register of historic places and Is a local landmark. Preservation of the original exterior brick facade and the orlglnal signage from historic local companies wlll be a priority. A structural analysis of the building has confirmed action needs to be taken now in order to preserve this large historic structure.
Buckingham Manufacturing is a local, homegrown company that has been in Broome County for more than 100 years. This project will involve the purchase and renovation of 72 Grosset Ave in the Town of Kirkwood that has sat vacant. Buckingham will move some of its operations to this location, all under one roof. Currently, the company has been leasing space in several locations.
Carrier Service Group (CSG) is purchasing the old DOD Hillcrest Depot site as its new World Headquarters location for asset management services. From this location, CSG will offer a complete portfolio of asset management services for its Tier 1 and Tier 2 customers to include such companies as Verizon, Century Link, Frontier, Level 3 and others. CSG has purchased 46 acres, including approximately 400,000 s/f building space.
Located in the Village of Endicott the Franklin Estates Project consists of the renovation of a two-family house on East Franklin St and the construction of 26 new two-family houses along East Franklin St, Groats St and Overton St for a total of 54 two-bedroom units. The project is geared to the 55 and older retired population. The project includes extensive land development costs for the project to move forward.
Complete reconstruction and expansion of the former Vestal Nursing Center that sustained flood damage in both 2006 and 2011. The new facility will be located on Route 26S in Vestal, NY and will be developed as a 148,400 sq. ft., new multi-use senior long term care campus consisting of three health related facilities. The facility will consist of a 160 bed skilled nursing facility occupying 119,250 sq. ft., a 40 bed assisted living room program structure containing 24,978 sq. ft., 131 registrant adult day care health program structure containing 4,168 sq. ft.
The historic rehabilitation of the 102,874 square foot Midtown Mall building in Binghamton, NY. The plans call for the conversion of the property for a combination of commercial space and apartment for lease to college students.
Compete renovation of the former Fair Store and an adjacent building at 20 Wall Street in downtown Binghamton to be used as an apartment complex for college students that will include 48 student apartments arranged in various numbered suites, amenities include a fitness center and student lounge The first floor will consist of two commercial tenants.
The project is part of the existing University Plaza and will comprise of two student housing projects. The first includes the acquisition of the existing housing project that includes 710 beds and the renovation of the premises. The second project includes the demolition of two office buildings that will become vacant in May 2014 and the construction of 225 apartment and 753 beds of new student housing plus the construction of approximately 10 4 bedroom townhouses.
Construction of 200,815 feet of a 30" gas transmission pipeline running through eight towns in Broome County, NY.
Spark Broome, LLC plans to subdivide and repurpose the vacant former Sears building with a strategic mix of tenants. The former Sears building is a 150,000 S/f two story building that has been vacant since September 2017. Retrofitting these vacant stores are a challenge as the stores are not only old and functionally obsolete but due to the size, there are very few concepts big enough to back fill without subdividing and re-purposing for several unique tenants. This project will take a substantial investment on behalf of Spark Broome, LLC as many of the mechanical such as the HVAC system need total replacement to bring it to today's standards. Common space and corridors will also need be planned and constructed allowing access for multiple tenants and the general public to the building and mall entrances. Spark Broome, LLC has been aggressive with re-imagining the vacant space and has several potential tenants either secured or currently in negotiations.
The purpose of the project is to enable Lupo's to maintain current business in a safe and sanitary environment, along with the ability to look for new business. The main building has been purchased. Lupo's will add a 9,000 square foot addition to be used for refrigerated production and coolers to USDA requirements. The existing building will be used for storage, employee areas and administration. There will be two loading docks and enough parking for all employees and four refrigerated trucks. The building will be remodeled along with the addition to also enable the company to be third party audited for food safety and quality. It is anticipated that the remodeling will also increase efficiency.
Former Ellis Brothers furniture business, 4 story mixed use building in downtown Binghamton. Approximately 20,000 sq ft to be renovated into 27 one- and two-bedroom apartments geared towards young professionals working in downtown Binghamton. Seeking 1st floor commercial tenants. This is a historic building and the front facade will be preserved in accordance with local CAUD and State Historic Preservation guidelines.
United Health Services, Inc. for the purposes of the issuance of tax exempt bonds up to $295,000,000 for a major renovation and new construction project at the Wilson Campus in Johnson City. The project includes the construction relocation of a new and state of the art Emergency Room for improved patient care; the construction of an MRI lab – not currently available on the campus; a new medical / surgical patient unit with private rooms and three floors of shelled space for anticipated growth; a new helipad will be constructed on the top of the building and will reduce transport time by an estimated 7-9 minutesTotal square footage is approximately 183,375 s/f and total project costs are expected to be $132,000,000. The transformation of the UHS campus at Wilson Hospital will complement the hundreds of millions of dollars expended by Binghamton University toward the development of the JC Health & Cultural District. The project is located in a state-designated innovation district and a federally designated Opportunity Zone.The project will substantially improve the physical landscape in an important area in Johnson city and serve as a catalyst for new development along Main Street.
The project will consist of the acquisition of an interest in the Company’s fee, leasehold, and easement interests in certain parcels of land located in the Towns of Sanford and Windsor, Broome County, New York. The acquisition, construction, installation and equipping on or under the Land of: (i) a buried and overhead collection and transmission line system to carry electricity to the point of interconnection, (ii) one or more electrical substations and related switching, (iii) operations, maintenance and storage buildings, (iv) one or more meteorological and communication towers and devices, and (v) a system of gravel access roads, security fencing and gates, parking, landscaping and related improvements to the Land, and the acquisition, installation and equipping therein and thereon of certain equipment, including wind turbine generators with a total combined rated capacity of up to 1241 megawatts (“MW”), transformers, potential battery storage and related facilities, and furniture, fixtures, machinery and equipment.