G Broome County Executive Barbara J. Fiala, Congressman Maurice Hinchey, City of Binghamton Mayor Matt Ryan, local business owners and residents gathered on the corner of Chenango and Henry Streets for the groundbreaking of the new Binghamton Intermodal Transit Terminal.
“This investment in our urban core will greatly benefit our entire area and advance our local and regional transportation system,” said Executive Fiala. “I want to thank Congressman Maurice Hinchey for championing this project and securing federal monies to create this modern terminal.”
This two story transportation hub in downtown Binghamton will provide riders with safe and efficient transfers between different types of transport as well as shelter from wind, rain and snow. The terminal will also house a diner and retail space. Currently, the county is working on closing the properties at the location. Three out of four owners have already signed contracts to move forward with the sale of property.
The Binghamton Intermodal Transit Terminal project has been on the drawing board since 1999. Little action took place until 2005 when Executive Fiala took office and began working with federal, state and local partners to gain the necessary funding to move the project forward.
Mayor Matt Ryan applauded the downtown development. "I'm pleased to take part in today's groundbreaking, and stand in support of this important project. The Intermodal Center promises to spur increased economic development, improve the efficiency of our local transportation services, and benefit our local quality of life."
Using his seat on the House Appropriations Committee, Hinchey secured $4.1 million from Congress over the past six years for the project, which helped leverage an additional $4 million from the Federal Highway Administration beyond the agency's original $1 million commitment. Last year, Hinchey directly appealed to the regional head of the Federal Transit Administration (FTA) for a quick approval of the Environmental Assessment for the project. The FTA moved quickly, which helped pave the way for the release of the money. An additional $2 million for the project is coming in matching funds from New York State. Broome County's match is just over $1 million.
"The Binghamton Intermodal Transit Terminal will transform the way people move around Broome County -- providing alternatives to driving a car and creating easier and safer connections to buses, taxis, and hopefully one day trains," Hinchey said. "Broome County continues to be lead by example by demonstrating its commitment to facilitating new and better ways to travel around the area. As mass transit becomes an easier and more reliable way of traveling throughout Broome County, less cars will be on the roads, which will help ease congestion while also reducing greenhouse gas emissions. The intermodal hub will also help serve as an economic engine for the county -- making it easier for people to get to businesses both to work as well as purchase things."