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Friday, December 27, 2019

Hudson Valley Wine Village Provides Rare Opportunity for Hudson Riverfront Development


The Hudson Valley Wine Village site includes 1.5 miles of Hudson River frontage

LLOYD, NY -- The mixed-use construction boom that has changed the face of urban centers nationwide has made its way to the rural Town of Lloyd in the Hudson Valley.
Hudson Valley Wine Village is offering potential partners a unique opportunity to locate on a fully entitled development site on the Hudson River in an area the New York Times has dubbed the New Hamptons.
The former vineyard is considered by Hudson Valley regional economic development officials to be the region’s largest mixed-use, economic development project available on the river. It is also uniquely poised to be the latest residential and resort destination drawing New York City dwellers to the Hudson Valley.

 The 437-acre site sits on a natural bluff that includes 1.5 miles of river frontage.

Mike Oates
"Hudson Valley Wine Village is an exceptional find in the world of economic development and in the Hudson Valley," Hudson Valley Economic Development Corporation (HVEDC) President and CEO Mike Oates said.
HVEDC, the leading economic development organization for the Hudson Valley region, which is comprised of Dutchess, Orange, Putnam, Rockland, Sullivan, Ulster and Westchester counties, fully supports the project.
"An opportunity to be a part of a project this size simply doesn’t come along very often," said Oates. "This is the largest developable tract on the Hudson River and it is directly across the river from Poughkeepsie. It brings tremendous potential for the right partner seeking to take advantage of this riverside location."
Hudson Valley Wine Village is currently seeking local, regional, national and international tenants and joint-venture partners for a variety of extremely flexible uses and development opportunities due to its broad approval characteristics.




The property is located between Route 9W and the Hudson River in the Town of Lloyd, Ulster County.
"What makes this property truly unique for potential joint-venture partners and light-industrial users is its riverside location," Oates said.
"Just as importantly, the site has a strategic location just ten minutes from a Metro-North train station. Its users will also have easy access to the City of Poughkeepsie, directly across the river, with a short trip over the Mid-Hudson Bridge.
"Hudson Valley Wine Village is located between Albany and New York City and gives easy access to the Northeast business corridor. There simply is not another real estate opportunity like this in the Hudson Valley."
Hudson Valley Wine Village offers an excellent location for multiple uses and customizable space, including commercial, light industry and hotel/conference center development.
The centerpiece of the $273 million multi-phase, mixed-use development is a 140-room suite hotel, conference center, spa, restaurant and Tuscany Village designed for local vendors.



Additionally, there will be two wedding chapels and a conference center for receptions. Also planned is 450,000 square feet of state-of-the-art industrial buildings for 21st Century manufacturing and 155,000 square feet of office and commercial space to meet Ulster County’s demand for modern facilities.
With its charming towns, stunning landscapes, outdoor activities, and farm to table cuisine, the Hudson Valley offers New Yorkers an attractive and more easily accessible alternative to the Hamptons.
To meet the growing demand for those seeking the so-called "New Hamptons" lifestyle, the development will also include 800 residential units.
This much-needed quality housing is ideal for students attending local colleges including Marist and Vassar, as well as those seeking retirement or vacation homes.
Demand for housing is expected to increase with the expansion of Vassar Brothers Medical Center and the creation of the new Marist Health Quest School of Medicine, both in Poughkeepsie.


Andrew Maxon
About 350 students and faculty members are expected to need easily accessible housing when the school opens in 2022.
This development will complement the flourishing regional economy that includes both existing and under-construction development projects, such as Resorts World Catskills, The Kartrite Resort & Indoor Waterpark, LEGOLAND® New York and Woodbury Common Premium Outlets.

"Excitement is building around Hudson Valley Wine Village," said Andrew Maxon, Hudson Valley Wine Village Chief Operating Officer.

"We’re realizing the opportunity to develop this parcel on the Hudson River in a meaningful and creative way. It’s a suburban dream for users and joint-venture partners interested in this mixed use property."

CONTACT:

Mike Bieger
Director of Public Relations
10 Matthews Street, Goshen, NY 10924
P: 845.576.2221
F: 845.294.1118




Posted by Alex at 10:32 PM

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