The Agency
ABOUT
Our vision is to be the dynamic, approachable driver of economic development in Broome County.
The Agency is the lead economic development organization for Broome County. We govern the Broome County Industrial Development Agency (IDA) and the Broome County Local Development Corporation (LDC).
We provide economic development assistance through property tax abatement programs for expansions or significant renovation projects, revolving loan programs, bond issuance for large-scale manufacturing and non-profit projects, and information on federal and state financing resources, and other technical assistance.
For more than 40 years, the Broome County Industrial Development Agency (BCIDA) has actively fostered economic growth in Greater Binghamton. Over this period, the BCIDA has facilitated more than 150 projects; with a capital investment of more than $725 million.
The BCIDA is a public benefit corporation chartered by the State of New York overseen by a nine member board appointed by the Broome County Legislature.
The BCIDA owns and manages a 600 acre corporate park in Conklin, NY, and more than 1.2 million square feet of real estate in the community including the L3 Link Simulation & Training building in Kirkwood, NY and the historic Carnegie Library in the City of Binghamton.
CONTACT
Address:
5 South College Drive
Binghamton NY 13905
Phone:
607.584.9000
Website:
https://theagency-ny.com/
Social:
STORIES
Designing development parks of the future today - by Stacey Duncan
For far too long “industrial” parks have unfairly held a bad reputation. When people traditionally think abo...
Hempstead Industrial Development Agency grants preliminary approval for 63-units at 54 and 58 W. Jamaica Ave.
Valley Stream, NY Frederick Parola, chief executive of the town of Hempstead Industrial Development Agency (IDA) said th...
Breaking Ground commences Project Welcome MAT
New York, NY Breaking Ground has launched Project Welcome MAT (Moving on an Accelerated Timeline), a three-year, $6 mill...
The Agency board approves purchase of three parcels totaling 300 acres
Binghamton, NY The Broome County Industrial Development Agency board of directors voted to approve at the October board ...
WXY designs 35-acre urban nature preserve and multipurpose center
Queens, NY Arverne East, a 35-acre urban nature preserve and its brand-new multipurpose center by WXY architecture + urb...
Greater Binghamton: A place for businesses to begin, grow, and thrive - by Stacey Duncan
Greater Binghamton has been home to companies who have left an indelible mark on our community. From companies such as E...
Greater Binghamton Chamber recognizes young professionals at HYPE event
Endwell, NY The Greater Binghamton Chamber of Commerce honored nine young professionals and one mentor to a young profes...
Industrial development agencies’ facilitating change and communities on the rise - by Stacey Duncan
Industrial Development Agencies (IDA) all across New York State serve a critical role in their region’s economic g...
Setting up your employees and business for true success starts with location - choose Broome County - by Stacey Duncan
Three years ago, the Greater Binghamton Chamber of Commerce and the Broome County Industrial Development Agency & Lo...