Binghamton Firm May Move to City Business Park
A marketing company is planning to set up operations in an abandoned Binghamton business park.
Savearound - which now has its offices on the city's West Side - is preparing to relocate to a nearly-new building just over a mile away in the First Ward.
Broome County Industrial Development Agency officials on Wednesday afternoon discussed Savearound's proposal to move to 100 Emerson Parkway.
Savearound advised the agency it intends to hire two more people as it relocates from its current site at 31 Front Street to the empty building north of Clinton Street. The coupon book-selling company indicated it could add another ten people to its workforce over the next few years.
The two-story structure was occupied by Emerson Network Power for a few years before the company started to slash its Binghamton workforce. Emerson ultimately left the site just over a year ago.
The advertised asking price for the Emerson building has been $2.8 million.
State and local economic development officials had high hopes for the 32-acre property that once was home to a series of businesses that produced cameras and photographic products.
The New York State Economic Development Council's website continues to describe the Binghamton site as a "state of the art urban technology park." While stating Emerson anchors the park, it notes there are several other sites available.
The website hails the Charles Street Business Park as an example of "the successful repurposing of an abandoned industrial site preserving green space."
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