DICKINSON, N.Y. — The Agency on Monday held a groundbreaking ceremony for its upcoming economic and business development center in the town of Dickinson.
The site is on the southeast corner of SUNY Broome Community College campus at the corner of Front Street and Lt. VanWinkle Drive, the Agency said in a news release.
The Agency is the rebranded name of the Broome County Industrial Development Agency (IDA). Its board of directors oversees both the IDA and the Broome County Local Development Corporation (LDC).
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The new facility, which the Agency is referring to as “Business Center at FIVE South College Drive” is the first building to be constructed in Broome County for the purpose of co-locating business and economic-development organizations, the organization said.
The 17,500-square-foot, two-story project is “fully funded” through a New York Economic Development Assistance Program grant of $4,350,000 that the late State Senator Tom Libous had secured.
Endwell–based Delta Engineers, Architects & Land Surveyors designed the building and Binghamton–based Fahs Construction Group will serve as the construction manager on this project, the Agency said.
Construction was scheduled to start on Tuesday. The Agency expects the building to open in the summer of 2017.
The Agency will be the new building’s owner and anchor tenant.
It will also house the Alliance for Manufacturing & Technology; the Greater Binghamton Chamber of Commerce; Visions Federal Credit Union; and the local offices of the National Development Council and the New York Business Development Corporation.
The Agency has also included space to relocate its small-business incubator, the Center, which is currently located at 59 Court St. in downtown Binghamton.
The Business Center will also include a conference center that can seat up to 50 people. It’ll be available for building tenants or for organizations that may need to host seminars, workshops, or other programs, the Agency said.
Discussion on a “one-stop facility is not new” to Broome County with “many attempts” in the past to create a single location for economic and business development, but none have progressed to the point of building a brick and mortar facility, the Agency contends.
Its representatives feel that “this proximity is necessary” for partnerships and collaboration.
“I think there is a great benefit to organizations like ours and the others simply by being near each other every day,” Kevin McLaughlin, executive director of the Agency, said in its news release. “We all have different tools and resources and I think that this center will enable us to utilize our strengths and work more closely on driving economic and business growth in Broome County.”
Contact Reinhardt at ereinhardt@cnybj.com
