"The time has come," says Economic Development Director, Merry Harris.
Harris says downtown Binghamton is the place to be.
"People who moved out to the suburbs, out to the malls, they are now moving back to downtowns," says Harris.
And some of them could be moving into the former Triple Cities Beauty School building here on Court Street.
It's being renovated into lofts.
A few blocks down, Manley's Mighty Mart bought the former Bing Wings Building.
Harris says Manley's plans to renovate the space into a unique market filled with fresh fruit, vegetables and a café, adding more convenience to downtown living.
Here at the Kilmer Building in Binghamton, developers are renovating to make more commercial space while keep its history alive.
"Rather than tearing something down, the city's philosophy is let's try to preserve it and renovate it," says Harris.
That's happening at the historical Press Building on Chenango Street.
Coughlin and Gerhart Law Firm just signed a 20 year lease to move into 4 floors of this building.
"I know they had other opportunities outside the area. Through our efforts, we were able to keep them downtown," says Press Building Co-Owner, Mark Yonaty.
"That's keeping a hundred white collar, professional jobs in the city. That's a significant development," says Harris.
And Harris adds with the Binghamton University Center opening its door this fall, expect to see more downtown development each year.
Harris says Manley's hopes to start its grocery store construction this spring.
Coughlin and Gerhart will move into the Press Building this fall.