August 12, 2019 Comments (0) Views: 353 National News, New York, Northeast

Former Poughkeepsie Hospital Gives Way to $300M MXU

Developers have begun clearing the site of a former state psychiatric facility on Route 9 in upstate Poughkeepsie, NY to make way for Hudson Heritage, a $300-million mixed-use community.

EFG/Saber Heritage SC LLC, a partnership of Saber Real Estate North and EnviroFinance Group, received approvals to begin demolishing the former Hudson River State Hospital campus, which operated from 1873 until its closure in the early 2000s.

EFG/Saber Heritage’s Martin Berger said the result will be “a thriving, open-air community in which residents are within walking distance of top-notch restaurants, shopping, health care, education, entertainment, and beautiful nature trails.”

Hudson Heritage will include 750 units of townhomes, rental apartments and assisted-living housing. The property will feature a 150-key hotel; 350,000 square feet of commercial and retail space; 40,000 square feet of medical facility/office space; and a 24,700-square-foot education/performing arts center.

Charter Realty & Development of Westport, CT is handling commercial leasing.

Connect Texas Multifamily will take place August 15, 2019 in Dallas. For more information, or to register, click here.

Connect With Saber Real Estate

Connect With EnviroFinance

Connect With Charter Realty


Subscribe to Connect Daily National

For comments, questions or concerns, please contact Paul Bubny

Tags: , ,

Comments are closed.

Send this to a friend