Page 69 - Demo 1
P. 69
Among the largest development projects in Dutchess County, the planned $500 million Silo Ridge Field Club in Amenia includes 245 luxury homes and an 18-hole golf course.
Historic sites at or along the river include the Vanderbilt Mansion, the Franklin D. Roosevelt Presidential Library and Museum, Staatsburg and Mills Mansion, and the Walkway Over the Hudson. Altogether, Dutchess County has 244 historic sites and districts.
Dutchess County’s public schools educate more than 46,000 students
and employ more than 3,000 teachers in grades K–12. The schools spend $19,131perstudent,morethan$6,000 higher than the national average, and amongthehighestinthestate.There are also 38 private and parochial schools in the county.
LUXURY LIVING
Major real estate projects in Dutchess County show that this is a place for urban professionals to grow their families and pursue greater business opportunities.
The $500 million Silo Ridge Field Club in Amenia, is a projected luxury residential resort that calls for 245 homes, including 21 lodging units, and an 18-hole golf course with putting
park and practice range.
The construction e ort will generate
3,000 jobs over 10 years. When completed, Silo Ridge is expected to generate 200 full- and part-time jobs, plus $63 million in property tax revenue over 10 years for the county, town, re districts, and Webutuck Central School District.
The development is aimed at high-income New York Metro-area residents, primarily those with families. Residences will range between $1 million and $10 million.
Silo Ridge aims to blend luxury living with the natural beauty of Dutchess County, protecting 80 percent of its 670 acres of land for open space. Plans also include a public park at the property’s DeLavergne Hill—the number one fall foliage view in the county, according to Dutchess County Tourism—plus an indoor eld house and activity barn, which will feature a bowling alley and movie theater.
“There are many activities on the property and within the region that appeal to the healthy lifestyles most members typically live,” said Mike Dignacco, vice president of construction at Stoneleaf Partners, Silo Ridge’s codeveloper with Discovery Land Company.
Belle eld at Hyde Park, located on Route 9 across from the Culinary Institute of America, is a $100 million mixed-use development project that will draw tourists, professional conferences, and social gatherings and events, while also providing 559
residences over 339 acres.
“We are very excited about our
future plans for a residential village, which will feature more than 500 single-family homes as well as cultural and recreational amenities,” says Thomas M. Mulroy, chairman and chief executive o cer of T-Rex Capital Group, the developer of Belle eld at Hyde Park.
The homes, which will be in Colonial farmhouse, and Dutch Revival styles as a nod to Hudson Valley history, will use geothermal and solar energy, and
Real Estate
thinkdutchess.com 67