GUEST VIEWPOINT: Economic Development That Delivers Jobs
These projects supported more than 1,500 construction jobs in addition to the retention and creation of more than 150 permanent jobs.
Construction is scheduled to begin in the first quarter of 2026 with production operations anticipated to start in January 2027.
Neuhaus, who is a graduate of Mount Saint Mary in Newburgh, noted the long-standing issues with the property, saying, “The obituary for this site was written decades ago. You are bringing this place back to life.”
The cost of acquiring the vacant 12.43-acre site is $3.9 million. According to its application with the IDA, building and construction is estimated to cost $17,864,850 and equipment costs have been put at $13,136,536.
Under county ownership, the center will be revitalized and developed into a regional destination for live performances, educational programming, and community events.
The downtown area, planned as Tuxedo Reserve's Main Street, includes four mixed-use multifamily buildings totaling 93 upscale apartments.
This project represents a $600-million investment to build a five-story, 3.2 million-square-foot facility that will replace an active heavy mining operation with a dynamic advanced economic development project.
Some of the project highlights include the construction of a five-story facility with each floor consisting of approximately 600,000 square feet of space.
In his new role, Irace will focus on cultivating strategic partnerships, recruiting new investment to the region, and promoting development opportunities.
An additional lane will ease congestion to tourist destinations and support local businesses that rely on efficient transportation for deliveries.
Business leaders praised Halahan’s work since 2002 as President and CEO of the Orange County Partnership and also hailed Eckert’s appointment.
The potential development opportunities will focus on targeting offshore wind supply chain companies, state officials noted.
HGAR strongly opposes Good Cause Eviction, arguing it limits landlords' ability to manage properties. Automatic lease renewals, rent restrictions, and legal hurdles could discourage investment, shrink rental inventory, and raise costs for both landlords and tenants.
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