How much life will Broad apartments add to street? Stay tuned
"Construction should start the first half of next year on the $51 million apartment-and-retail development fronting Broad Avenue, the developer said this month."
"The project at 2542 Broad will comprise 414 apartments and 10,000 square feet of ground-floor commercial space. The development will front 800 feet of Broad and 300 feet of Bingham, extending northwest from the corner of those streets."
"The development not only will mesh with all of Broad Avenue’s existing activities and themes, it will add places to live on Broad, Maclin said.
In addition, he said, the mixed-use development is projected to generate millions of dollars in revenue over the life of Binghampton’s tax increment financing district. The neighborhood can use that money to build public infrastructure like parking garages, performance spaces, bike lanes and green space."
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