Residents have moved into the first renovated apartments at a 22-building apartment complex on Binghamton's North Side.

The $94 million project at the 256-unit site was announced by Vesta Corporation in January 2025.

A newly-renovated building at Rivers Bend Apartments on October 2, 2026. (Photo: Bob Joseph/WNBF News)
A newly-renovated building at Rivers Bend Apartments on October 2, 2026. (Photo: Bob Joseph/WNBF News)

The Connecticut-based company acquired the troubled Town & Country apartments with plans to transform the place into a safe and attractive community.

Renovation work has been completed in seven buildings in the complex, which has been rebranded as Rivers Bend Apartments.

A sign at Rivers Bend Apartments in Binghamton on October 5, 2026. (Photo: Bob Joseph/WNBF News)
A sign at Rivers Bend Apartments in Binghamton on October 5, 2026. (Photo: Bob Joseph/WNBF News)

Old boilers in the buildings were scrapped as part of the project to provide efficient all-electric units. About 70 apartments now are occupied.

When the complex opened in 1964, it was known as Countrytowne Apartments. It was advertised as offering "a pleasant new place to live" with apartments that featured "a luxurious look."

Renovations were getting underway at this Rivers Bend building on October 2, 2026. (Photo: Bob Joseph/WNBF News)
Renovations were getting underway at this Rivers Bend building on October 2, 2026. (Photo: Bob Joseph/WNBF News)

Conditions at the property deteriorated during its years as "Town & Country." The dilapidated complex became known for general chaos and violent crimes.

Improvements were promised in 2019 when a Boston-developer announced plans to buy and renovate the complex but the improvements were never made.

The current Vesta project is receiving financial support from the state and the city of Binghamton in an effort to provide more affordable housing options in the region.

The playground at Rivers Bend Apartments on October 2, 2026. (Photo: Bob Joseph/WNBF News)
The playground at Rivers Bend Apartments on October 2, 2026. (Photo: Bob Joseph/WNBF News)

The property includes one-, two- and three-bedroom floor plans. A new playground has been built and a community center is to be constructed in the months ahead.

Vesta is accepting applications in a leasing office at the Roberts Street complex. Income guidelines for the apartments can be found at the Rivers Bend website.

WNBF NEWS VIDEO: We visited a recently-renovated apartment in the complex on October 2, 2026.

WNBF VIDEO FLASHBACK: A Vesta Corporation official spoke about the Binghamton project when it was announced in January 2025.

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Contact WNBF News reporter Bob Joseph: bob@wnbf.com.

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