Construction to transform the long-vacant Endicott Johnson Victory building, often described as Broome County’s “biggest eyesore,” into 108 market-rate apartments plus commercial space is expected to get underway in the fall of 2021.
The anticipated $30-million project and its targeted completion date of 2023 was announced Monday by Paulus Development, the Syracuse-based firm that renovated the former Ansco factory on Binghamton’s West Side into a multi-unit apartment building. The developers acquired the Johnson City parcel at 59 Lester Ave. in March.
Matthew Paulus, president of Paulus Development, said the apartments will contain modern amenities and enclosed parking, along with 7,500 square feet of retail space. It’s anticipated renters would include young professionals and empty-nesters among others.