Local news- Press Release
City of Binghamton New York - Mayor Kraham Announces Temporary Parking Lot 06 September 2022 ( news )
City of Binghamton , state New York ( By Press Release office)
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Mayor Kraham Announces Plans for Temporary Parking Lot on Water Street to Support Downtown Businesses
Lot Will Add Parking for Holiday Season Ahead of New Garage Opening
( BINGHAMTON , N . Y . )
Mayor Jared M . Kraham on Tuesday announced the City will install a temporary surface parking lot at the site of the recently demolished Water Street parking garage to support downtown businesses through the upcoming holiday season .
“More and more people ......are coming to downtown Binghamton to shop , enjoy a meal or attend a show , game or other type of entertainment , ” said Mayor Kraham . “By adding a temporary surface lot near the corner of Water and Henry streets , the City is providing an added incentive for residents to come downtown and a boost to the businesses
that have helped drive its revitalization . ”
The approximately 45 - spot parking lot will provide free two - hour parking for downtown patrons . It is expected to open next month .
Earlier this year , the 52 - year old Water Street parking garage was demolished following years of structural decay .
In its place , Pike United will construct a $48 million mixed - use parking and housing development with approximately 500 parking spaces on the lower floors . Plans for the upper floors include about 120 units of market - rate housing .
Crews will begin underground work on the site while the temporary surface lot is open . More significant construction will begin in the spring .