Bob Joseph/WNBF News

Workers are doing site preparation work for the planned Southern Tier High Technology Incubator in downtown Binghamton.

Several buildings on Lisle Avenue were demolished a few months ago to make way for what's envisioned as a 40,000 square foot facility.

Bob Joseph/WNBF News

Crews now are doing additional work on the site of the project, which is being developed through a partnership that includes Binghamton University and the Broome County Industrial Development Agency.

Mayor Richard David says it's a "great project for downtown."

Speaking on WNBF Radio's Binghamton Now program, David said it's taking a blighted section of the city and expanding the university's presence.

The mayor said the growing high-tech industry holds a "massive potential for new businesses and job creation" for Binghamton.

David said the project will help transform an area of downtown "that, frankly, could use the attention."