Johnson City, New York Commercial Real Estate 1 Listing

Johnson City, New York: A Premier Destination for Commercial Real Estate

Introduction

Located in Broome County, Johnson City, New York, serves as a strategic hub for commercial real estate (CRE) professionals. With a population of approximately 14,000, this village is part of the Greater Binghamton area and is known for its robust healthcare and education sectors. Johnson City's unique positioning within the Southern Tier of New York State, along with its focus on innovation and development, makes it an attractive destination for investors seeking diverse CRE opportunities.

Economic and Industry Overview

Johnson City is home to major industries that include healthcare, education, and manufacturing, driving demand for various commercial property types such as office and medical space. The presence of institutions like the Binghamton University Health Sciences Campus bolsters the local economy, fostering growth in the biotech and healthcare sectors. Regional economic development initiatives, such as those led by the New York State Southern Tier Regional Economic Development Council, further enhance the area's commercial appeal.

Strategic Location and Transportation Infrastructure

Johnson City offers excellent connectivity through its strategic location near major highways such as Interstate 86 and State Route 17. The proximity to the Binghamton Regional Airport provides additional logistical advantages for distribution and access to labor pools. The area's transportation infrastructure facilitates seamless movement of goods and services, making it an ideal location for businesses seeking efficient supply chain solutions. For more information, visit the New York State Department of Transportation.

Commercial Real Estate Inventory & Zoning

The commercial real estate landscape in Johnson City is characterized by diverse submarkets, including the Central Business District and industrial corridors. Key asset classes include industrial, retail, and medical office spaces. Recent zoning changes and incentives, such as those outlined by the Village of Johnson City, support developers in maximizing their investments. Explore the Broome County GIS Portal for zoning maps and parcel viewers.

Major Employers and Institutions

Significant employers in Johnson City include UHS Hospitals, Binghamton University, and the Johnson City School District. These institutions drive demand for CRE, particularly in the medical and educational sectors. The presence of corporate headquarters and research centers further solidifies the village's status as a thriving business hub. Visit the Broome County Economic Development site for a comprehensive business directory.

Notable Commercial Developments & Projects

Johnson City is witnessing several large-scale developments, including the revitalization of the Oakdale Mall into a mixed-use complex and the expansion of the Binghamton University Health Sciences Campus. These projects, often part of public-private partnerships, are set to transform the local CRE landscape. Developers can access detailed planning information through the Village of Johnson City Planning Department.

Building Permits, Planning, and Development Tools

For streamlined development processes, Johnson City offers a suite of planning and permitting tools:

Market Data & Economic Reports

Public data sets, such as those available through Census.gov and the Johnson City Open Data Portal, provide valuable insights into the local market. Brevitas leverages AI-powered aggregation from public data and internal insights, offering users the ability to explore Brevitas-powered dashboards for Johnson City.