IBM Country Club Site Redevelopment to Get $2 Million Boost from County
Broome County is preparing to allocate millions of dollars in federal economic stimulus funds to support the redevelopment of the former IBM Country Club property.
County Executive Jason Garnar Thursday afternoon said money from the American Rescue Plan could be provided to a qualified developer.
Speaking at a news conference outside the dilapidated Watson Boulevard complex, Garnar said $2 million will be committed to serve as a key step "in bringing this property back to life."
The county executive said the large buildings and infrastructure at the site are "completely beyond repair."
Garnar said the funding from the county "will help alleviate the cost associated with demolition and other initial phases of work so that a developer can start here with a clean slate."
The Broome County Industrial Development Agency will be seeking proposals for the site.
Agency officials say a residential or mixed-use residential complex would be preferred but is not required.
Contact WNBF News reporter Bob Joseph: email@example.com or (607) 772-8400 extension 233.
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