Over in the Broad Avenue Arts District, a planned $50 million mixed-use project will create 400 apartments. 400 parking spaces, and 10,000 square feet of ground-floor retail and restaurant space.
The new building will replace the vacant WWII-era industrial warehouse on 8.5 acres at the northwest corner of Broad and Bingham Street that once served as a shipping center for the now-defunct railroad that ran behind it.
Vibrant Broad Avenue is known for its colorful murals and water tower, as well as its boutiques, art galleries, creative studios, and growing dining options. The development is a partnership between Bob Loeb of Commerce Center LP and James Maclin of 3D Realty LLC, with the hope the project will guide future growth and retail and real estate development in the Binghampton neighborhood.