High-Tech Incubator Rising in Downtown Binghamton

A man works above Hawley Street at the incubator project on March 22, 2016. [Bob Joseph/WNBF News][/caption]A $19 million dollar complex which will help develop high-tech business is taking shape in downtown Binghamton.

Workers erected a sign at the construction site on September 14, 2015. [Bob Joseph/WNBF News][/caption]Steel beams are being placed for the 35,000-square-foot structure being built at Hawley and Carroll Streets, two blocks east of the governmental plaza.

Ground was broken for the Southern Tier High Technology Incubator in October 2014.

Binghamton University and SUNY Broome Community College are two of the organizations collaborating on the project.

The facility is to house a dozen suites to provide space for fledgling high-tech businesses.

Binghamton University president Harvey Stenger has said he expects several start-up companies will be prepared to occupy the incubator after construction has been completed.

The facility is expected to open late this year or early next year.

The incubator will be managed by Southern Tier High Technology Incubator Inc., which is affiliated with the Binghamton University Foundation.

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