APPLY FOR BENEFITS

As a public organization, we work hard to assist in the economic development of Broome County. We have two separate entities designed to accomplish this purpose, the IDA and the LDC.

To apply for financial assistance, you must first complete an application to be considered by our staff and board of directors.

Select an application by clicking on the appropriate button below. This will download a PDF document with step-by-step instructions and the application.

#THRIVENOW

Approved Projects

Below are the projects approved by The Agency IDA/LDC team and boards, plus relevant reporting information for each project.

Leatherstocking Gas Company

YEAR: 2019
PROJECT STILL OPEN

Construction of a natural gas distribution system (pipeline) in the Town of Windsor. This pipeline will provide natural gas access to the Windsor Central School District as well businesses and residents in the Town. 

L3 Technologies, Inc

YEAR: 2019
PROJECT STILL OPEN
REPORTED TO PARIS

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.

Carrier Services Group

YEAR: 2019
PROJECT STILL OPEN
REPORTED TO PARIS

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. 

Pike Development

YEAR: 2019
PROJECT STILL OPEN
REPORTED TO PARIS

This project will be a mixed-use building as part of redevelopment of 7 Hawley St. The project will have 18 apartments and up to 6,000 sq/ft retail space.

M.B. Yonaty Development, LLC - 70-72 Court Street

YEAR: 2019
PROJECT STILL OPEN
REPORTED TO PARIS

A 5 Story mixed-use building with market rate residential on the upper floors 12 Units - 10,387 sqft, possible roof top terrace - 4,564 sqft and commercial spaces 3,345 sqft on the ground level. The anticipate target market is to consist of young professionals, empty nesters, academic professionals, retirees, administrative personnel, government employees, medical professionals, etc.

One North Depot, LLC

YEAR: 2019
PROJECT STILL OPEN
REPORTED TO PARIS

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

YEAR: 2019
PROJECT STILL OPEN
REPORTED TO PARIS

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.

Engineering Manufacturing Technologies (EMT) - Small Business Incentive Program

YEAR: 2018
Project Close Date: Mar 18, 2019
REPORTED TO PARIS

Engineering Manufacturing Technologies (EMT) used its exemption for the acquisition, renovation and refurbishing of 17 Kentucky Avenue, in Endicott, NY.

128 Grand Ave, LLC

YEAR: 2019
PROJECT STILL OPEN
REPORTED TO PARIS

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.

250 Main Street, LLC - Small Business Incentive Program

YEAR: 2019
Project Close Date: Feb 20, 2019
REPORTED TO PARIS

This project is a renovation of a Historical Building built in 1899.  The first floor is commercial and the 2nd & 3rd floor residential 2 bedroom units. All 3 floors will be completely renovated with all new up to date materials. Such as Kitchens and bath, HVAC on each floor, flooring, walls, ceiling, insulation, doors, windows, lighting.

265 Main Street - Small Business Incentive Program

YEAR: 2019
PROJECT STILL OPEN
REPORTED TO PARIS

Renovation of market rate apartment units and first floor retail space.

Freewheelin ANSCO, LLC (ANSCO Camera Factory)

YEAR: 2018
Project Close Date: Jun 22, 2018
REPORTED TO PARIS

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.

DMSC, Inc. Expansion (Dick's Sporting Goods)

YEAR: 2018
Project Close Date: Apr 20, 2018
REPORTED TO PARIS

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.

KMCC Ventures, LLC (Nealon Transportation)

YEAR: 2018
Project Close Date: Feb 23, 2018
REPORTED TO PARIS

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.

Broome Culinary Realty, LLC

YEAR: 2017
Project Close Date: Dec 29, 2017
REPORTED TO PARIS

The project involves extensive renovation of the historic Carnegie Library located at 78 Exchange Street, Binghamton, NY into the SUNY Broome I Culinary Arts Center. 

100 SaveAround Parkway, LLC

YEAR: 2017
Project Close Date: Nov 20, 2017
REPORTED TO PARIS

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.

265 Industrial Park Drive, LLC

YEAR: 2017
Project Close Date: Aug 31, 2017
REPORTED TO PARIS

Acquisition of the entire building 428,020 sqft at 265 Industrial Park, Kirkwood, NY. 

Midway Lanes, Inc. - Small Business Incentive Program

YEAR: 2017
Project Close Date: May 22, 2017
REPORTED TO PARIS

Midway Lanes, Inc. made renovations to their existing facility. They removed twelve bowling lanes and replace the area with a Family Fun Center, consisting of laser tag, arcade games, and a spin zone.

50 Front Street Associates

YEAR: 2017
Project Close Date: Mar 09, 2017
REPORTED TO PARIS

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. 

Century Sunrise Redevelopment

YEAR: 2017
Project Close Date: Mar 01, 2017
REPORTED TO PARIS

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.

CR Land, LLC (434 Sportsplex)

YEAR: 2017
Project Close Date: Nov 16, 2017
REPORTED TO PARIS

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.

Dick's Merchandising & Supply Chain, Inc.

YEAR: 2016
Project Close Date: Nov 01, 2016
REPORTED TO PARIS

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.

Woodburn Court

YEAR: 2016
Project Close Date: Sep 14, 2016
REPORTED TO PARIS

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. 

Pacemaker Steel Piping Company, Inc.

YEAR: 2016
Project Close Date: Jul 20, 2016
REPORTED TO PARIS

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. 

ADEC Solutions USA, Inc.

YEAR: 2016
Project Close Date: Feb 25, 2016
REPORTED TO PARIS

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.

The Printing House (Chenango Empire)

YEAR: 2016
Project Close Date: Feb 24, 2016
REPORTED TO PARIS

The Printing House is a three building student housing conversion project in Binghamton NY. The Properties are located in downtown Binghamton, proximate to Binghamton University and the Binghamton central business district. The Project will feature 94 apartments containing 282 rooms that cater to university students and young professionals alike. The Project is designed lo satisfy significant demand for amenitized student housing product within the Binghamton market. The Printing House will offer a premium amenity package which will include free cable and internet access, a state of the art fitness facility, study room, media.room, computer lab, hot tubs, tanning beds, and laundry service. 

ASSISTANCE