Hudson Valley Wine Village, a $273M mixed-use development, pops cork

The centerpiece of a proposed $273 million mixed-use development north of Westchester in Ulster County took a big step forward earlier this month after eight years of planning, according to the Times-Herald Record of Middletown. The Hudson Valley Wine Village, a 437-acre site located between the Hudson River and Route 9W in the town of Lloyd, near Poughkeepsie, secured from the U.S. Army Corps of Engineers and New York State officials a series of approvals allowing it to proceed on the site of the former Hudson Valley Winery. Set to be built over 15 years, marketing materials for the project state that it will include a 140-room hotel, 800 residential units, 450,000 square feet of light industrial space and 155,000 square feet of office and commercial space. The development’s backers claim that it will provide employment for 2,000 people. “These are changing times in the economic development landscape of the Hudson Valley and this project… 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,” said a statement from Hudson Valley Wine Village COO Andrew Maxon. [Times Herald-Record]