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The Binghamton Plaza retail strip has been around for decades. The building has deteriorated in the past few years, and many of its storefronts are now vacant. City officials hope to demolish the plaza, expand a nearby park and connect it to a walkway along the Chenango River.
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Mayor Kraham says in the long term, the city plans to use some of the parcel for new commercial development and green space.
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The city would likely demolish the plaza and the adjoining property area before taking public input on a plan to redevelop the land moving forward.