Mixed-use development overlooking Hudson River seeking tenants and joint venture opportunities
TOWN OF LLOYD, N.Y. (April 25, 2019) – Hudson Valley Wine Village, located between Route 9W and the Hudson River with 1.5 miles of river frontage, has recently completed final development hurdles and is now uniquely positioned as a shovel-ready site able to attract local, regional, national and international partners seeking a variety of uses and development opportunities.
Less than 90 minutes from New York City, 60 minutes to Albany and an easy commute to White Plains, the site has been rezoned and now enjoys a fully entitled status for the commencement of the project. Hudson Valley Wine Village is now seeking tenants and joint venture opportunities.
The site, a former vineyard, sits on nearly 437 acres on a natural bluff overlooking New York’s scenic Hudson River. It 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 and restaurant. 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. The development will also include 800 residential units, which will provide much-needed quality housing, and two wedding chapels.
Hudson Valley Wine Village will complement the flourishing regional economy that includes both existing and under-construction development projects, such as Resorts World Catskills and the Kartrite Resort & Indoor Waterpark in Monticello, Bellefield at Historic Hyde Park, North 60 biotech campus in Valhalla, Regeneron headquarters expansion in Tarrytown, City Winery in Montgomery, LEGOLAND® New York in Goshen and Woodbury Common Premium Outlets in Central Valley.
“These are changing times in the economic development landscape of the Hudson Valley and this project is primed to be a very special addition to New York State,” said Andrew Maxon, Hudson Valley Wine Village Chief Operating Officer. “Hudson Valley Wine Village is shovel-ready, fully-entitled and we are in an environment that not only encourages but welcomes opportunities for new job creation and tax ratables.”
For more information, visit: www.hvwinevillage.com