Hudson Valley Wine Village provides opportunity for developers to take advantage of the demand for mixed-use community living.
TOWN OF LLOYD, N.Y. (November 4, 2019) – According to a recent article in National Real Estate Investor magazine, mixed-use is the newest gem in U.S. development. Now the mixed-use construction boom that has changed the face of urban centers nationwide has made its way to the rural Hudson Valley. Located in the Ulster County town of Lloyd, Hudson Valley Wine Village is the latest mixed-use, economic development project in the region looking for potential partners.
Hudson Valley Wine Village’s fully entitled 437-acre site on a bluff overlooking the Hudson River offers an excellent location for multiple uses and customizable space, including commercial, office and residential. It’s a combination that’s proving to be extremely attractive in a society where convenience is king.
“Mixed-use communities like Hudson Valley Wine Village fit millennials’ demand for a convenient lifestyle,” said Andrew Maxon, Hudson Valley Wine Village Chief Operating Officer “It will be a development where residents and visitors alike can live, shop, work and play.”
As the largest fully entitled mixed-use project in New York State, Hudson Valley Wine Village 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.
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.
Regional leaders are calling it a smart choice for investors.
“In addition to the attractiveness of these developments to residents and visitors, these mixed-use developments offer more stability for investors and developers because of their diversification,” Hudson Valley Economic Development Corporation (HVEDC) President and CEO Mike Oates said. “Because this property will incorporate a variety of uses and tenants, investors and developers can better protect themselves against vacancies compared to single-use properties.”
For more information, visit: www.hvwinevillage.com
