Originally Posted on PoughkeepsieJournal.com
Some of Kingston’s most prominent residents have lived in the Moses Yeomans House, built in the early 18th century. Video by Barbara Gallo Farrell/Poughkeepsie Journal
A long-talked about development along the Poughkeepsie city waterfront is getting a fresh look with new plans.
The project, Poughkeepsie Landing, would be a public-private partnership between Bonura Hospitability Group and the city, and would include a promenade, outdoor amphitheater, public pool, a retail and dining concourse, and apartments.
“Redeveloping Poughkeepsie’s waterfront is something that has been talked about for decades,” said Joe Banora Jr. “This particular piece of property has been sitting here for quite some time undeveloped.”
The location, just south of the Mid-Hudson Bridge next to Shadow’s on the Hudson, is the former site of the DeLaval Separator Co. Bonura said the 13-acre site has been off the tax rolls since 1965, and that the project would generate not only tax revenue, but new jobs.
The three-story, 35-foot-tall building would include 50 apartments on the top two floors, targeted to “empty nesters and young professionals,” Bonura said. On the first floor there would dining and retail options.
The site would include an outdoor amphitheater, a “green space” for farmer’s markets and craft fairs, and a competition-sized swimming pool with day and season passes available for purchase.
“It’s a great example of a public-private partnership,” Mayor Rob Rolison said. “The public spaces that are going to be created here are going to be beneficial to the entire city, and to people from outside the city of Poughkeepsie who are going to be able to come in and enjoy this waterfront.
The multi-use space would include a 2,300-foot promenade along the river, connecting the existing walkway in front of Shadows to Kaal Rock Park, Waryas Park and the Walkway Over the Hudson state park. A large boat dock would accommodate both personal and historic boats.
A rendering of the Poughkeepsie Landing development project. (Photo: Submitted)
Both the promenade and the dock would be paid for with two $500,000 grants that the city and the Bonura group secured for the project, Bonura said. The promenade would remain owned and operated by the city as “a dedicated parkland.”
But when it comes to the project’s other inland buildings and amenities, Bonura said the hospitality group will be building and maintaining them, as well as paying for all infrastructure, including 400 free public parking spaces and public restrooms. Lease money brought in from apartment rentals and businesses will be used to subsidize the building costs and the upkeep of the amenities, he said.
“The Bonura family will be able to maintain these spaces, which will give the city a bit of breathing room in making sure that everything is taken care of down here at this beautiful spot, as we can continue to do things in other parts of the city,” Rolison said.
According to Bonura, the city will receive more than $300,000 each year in direct rent and property taxes, as well as its portion of about $850,000 in sales tax.
The site of the proposed Poughkeepsie Landing project. (Photo: Patrick Oehler/Poughkeepsie Journal)
The project is expected to create 150 construction jobs, and have 140 full-time employees once it is complete.
A previously negotiated lease and paymen-in-lieu-of-taxes agreement for the DeLaval site included two- to five-story buildings with office space, as opposed to the apartments included in the current plan. Bonura said it is seeking approval from the Common Council and the city’s Industrial Development Agency for the development of residential space. The project also needs approval of its final site plan by the city Planning Board.
Councilwoman-at-large Ann Finney said the Common Council was gearing up to hear a presentation from the developers on the project. She said it has “a lot of homework” to do and a checklist of questions and areas of consideration.
Finney called the Bonuras a valued part of the Hudson Valley business community.
Once approvals are in, Bonura said the project should be completed within eight or nine months.
“We’re really encouraged that this this getting off the ground, going before the various entities within the city to move the project forward,” Rolison said.
Abbott Brant: firstname.lastname@example.org; 845-437-4809; Twitter: @AbbottBrantPoJo