$90M Poughkeepsie development accelerates timeline, aims for October tenants
The first tenants of Eastdale Village, a $90 million, 60-acre retail and rental development in eastern Town of Poughkeepsie, could move in by October.
The first phase of the development will include 130 apartments, a community building featuring a pool and a small movie theater and a mail center, according to Joseph Kirchhoff, head developer for the project and founder of Kirchhoff Companies.
Future growth includes a medical center through Premier Medical Group's urology division, set to open in November, and several restaurants, that may be set to open in summer 2020.
In all, the project calls for creating 390 apartment units, 120,000 square feet of retail space and 20 acres of parkland. And though the full project was originally set to take more than five years to complete when it was announced in August, Kirchhoff said two years have been cut off that timeline.
"Eastdale Village is a project unlike anything else that we believe that has been built in Dutchess County for a very long time," Kirchhoff said.
Apartment hunters will be able to send in applications in May through the development's temporary leasing office.
The vision for Eastdale Village
Eastdale Village is located in the hamlet of Rochdale, about a mile east of Adams Fairacre Farms on Route 44. Inspiration for the project comes from downtown development in the Village of Rhinebeck and the City of Beacon.
"Our whole goals was to build something that look like it happened over many years, organically," Kirchhoff said.
Rental options will include studios, one-, two- and three-bedroom units and one- and two-story town homes. Prices range from about $1,200 for a one-bedroom unit to "a couple thousand" for larger town houses, Kirchhoff said.
Retail buildings will be around two-and-a-half stories tall, with the option of including residential space above the business.
Eastdale Village will feature six to 10 restaurants among its retail options, with developers in talks with several potential candidates across the greater Hudson Valley.
"Frankly, we are not targeting any national tenants, except for possibly daycare and maybe financial, because it's hard to get local tenants on that level," Kirchhoff said.
In the past, Kirchhoff has suggested entertainment options, boutiques and yoga and dance studios as possible retail options.
The development will also feature a 20-acre park with access to Wappinger Creek, a pavilion, walkways and public restrooms.
Development has focused on the northern half of Route 44, but the completed project will include buildings on both sides of the turnpike.
To address potential traffic caused by the development, Kirchhoff Companies is working with the Department of Transportation to install additional crosswalks and adaptive traffic signals at 23 intersections.
"This is that new signal technology that actually gets smarter the longer it's in use," Kirchhoff said. "It does a lot of learning that first six months to understand patterns."
Premier Medical Group joins Eastdale Village
Dr. Jason Krumholtz, managing partner of Premier Medical Group and urology division leader, highlighted the future Eastdale Village medical center as a state-of-the-art facility.
"Premier Urology’s new headquarters will completely change the way urology is offered in the greater Hudson Valley region," he said.
The 27,000-square-foot center is larger than the group's two Poughkeepsie offices, which add up to about 17,000 square feet together. The office will create 18 new jobs, with 80 employees total working out of the Eastdale Village center.
The medical center will feature a phlebotomy center and a research center, with capabilities to perform CAT scans, ultrasounds and X-ray scans.
"There's going to be private waiting lounges," Krumholtz said. "A very unusual concept, but something important to urology patients where privacy is so important."
Kirchhoff touted the project as an anchor business for the development.
"Premier Medical is the terminus of that main street, Eastdale Avenue, with probably the most prominent commercial building," Kirchhoff said.
Geoffrey Wilson: gwils[email protected]; 845-437-4882; Twitter: @GeoffWilson_