TOWN OF POUGHKEEPSIE – A ceremonial groundbreaking was held in the Town of Poughkeepsie for a $90 million “village” on the east side of town on Route 44.
Dutchess County’s first pre-planned village known as Eastdale Village is a joint venture between the Kirchhoff Companies, Christopher Dyson and David Silver and it is expected to bring millions of dollars in tax revenue to the town, Arlington School District, Arlington Fire District and the county.
Rendering of commercial component. Eastdale Village will also include residential
.
Joe Kirchhoff calls the innovative development “a walkable community where people can live, work, shop and play,” a concept he said is new to the county.
“You have these small villages and hamlets throughout Dutchess County, but they are lacking new, modern housing and new opportunities for smaller square footage retail for an entrepreneur – somebody who wants to start a business to actually come here, rent for a reasonable amount of money and get their career and business started,” Kirchoff said.
The project consists of five phases being constructed over the next five years. The village, after full build-out will have 390 residential units of various sizes, up to 120,000 square feet of commercial, retail, service, medical, financial, institutional and office uses.
Plans also call for a walkable town center with public open spaces and a new town park along the Wappinger Creek.
Town Supervisor Jay Baisley said that the proposed plans fit perfectly into the town’s master plan while generating much needed tax revenue. The assessed land value will grow from an estimated $2.8 million to $40.2 million of which almost $30 million coming from residential while $11 million would be in non-residential taxes.
