Mixed-use development in hot Hudson Valley commercial real estate market is seeking tenants and joint venture opportunities
TOWN OF LLOYD, N.Y. (October 22, 2019) – Hudson Valley Wine Village is poised to be the latest residential and resort destination in the increasingly hot Hudson Valley market recently dubbed the “New Hamptons” by the New York Times. The former vineyard and winery located in the Town of Lloyd, Ulster County sits on a natural bluff that includes 1.5 miles of Hudson River frontage.
Hudson Valley Wine Village is set to be the largest fully entitled mixed-use project in New York State. The project includes 800 residential units, a 140-room hotel, spa and conference center, a Tuscany Village for local vendors, 450,000 square feet of light manufacturing, and a 155,000-square-foot shopping center. Developers and investors are attracted to the opportunity to participate in the building of the next generation Hudson Valley destination. There is strong demand from New York City and Tri-state buyers seeking primary and secondary homes.
“With its charming towns and stunning landscapes, the Hudson Valley offers an attractive and more easily accessible alternative to the Hamptons,” said Andrew Maxon, Hudson Valley Wine Village Chief Operating Officer. “Hudson Valley Wine Village is now ripe for development of this creative project.”
“Hudson Valley Wine Village is offering potential partners a unique opportunity to locate on this fully entitled development site to meet the growing demand of those seeking the ‘New Hamptons’ lifestyle,” Maxon said. “Quality lodging in a mixed-use development is in high demand by those weekenders escaping the city to explore the area’s quaint antique shops, farm-to-table restaurants and micro-breweries.”
The property is 10 minutes from a Metro-North train station with the City of Poughkeepsie just a short trip over the Mid-Hudson Bridge. There’s even an upscale bus service out of New York City with snacks and Wi-Fi to transport weekenders upstate.
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 development offers an excellent location for multiple uses and customizable space.
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 Maxon. “Developers are realizing the demand for the ‘New Hamptons’ lifestyle and the opportunity to locate in this hot market. It’s a suburban dream for joint-venture partners interested in mixed-use property.”
Caption: Hudson Valley Wine Village, a former vineyard and winery, is poised to be the next residential and resort destination in the Hudson Valley.
For more information, visit: www.hvwinevillage.com
