POUGHKEEPSIE – The Dutchess County Industrial Development Agency Tuesday granted financial benefits to Mirbeau of Beacon LLC for the redevelopment of the former Craig House property into a spa resort. The IDA board granted three financial incentives for the project, said IDA Executive Director Sarah Lee.
“Mirbeau is proposing to invest about $73 million to readapt and reuse the former Howland Estate, also known as the Craig House, into an 85-room spa,” she said.
The IDA board approved a payment-in-lieu of taxes plan, mortgage tax exemption and sales tax exemption.
The Craig House years ago was a privately operated psychiatric hospital.
