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MegadealsSubsidy Tracker Individual Entry
Company: MHTC LLC Eastdale Village
Parent Company:
Subsidy Source: local
Location: New York
City: POUGHKEEPSIE
Address: 928-936 Dutchess Turnpike
Zip: 12601
Project Description: Construction; Project Description: MHTC Development, LLC proposes to develop a new town center in the Town of Poughkeepsie to be known as Eastdale Village. The development is designed to meet the goals of the Town as outlined in the Town Plan and Zoning code. The mixed use development will include approximately 390 rental residential units and approximately 100,000 sf of mixed use commercial spaces including Medical Offices, Professional Offices, General Offices, Personal Service Businesses, Child Care facilities, Food Services and General Retail. Necessary infrastructure improvements of water, sewer, storm water, electric, gas to the site, as well as required improvements to the State Highway system for access to the site will also be constructed as part of the project. The project will consist of 8 phases to be constructed over an estimated 5-6 year period.
Year: 2019
Subsidy Value: $616,334
Program Name: Industrial Development Agencies
Awarding Agency: Dutchess County Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 7
Wage Data: $47,000
Wage Data Type: yearly salary
Capital Investment: $88,943,891
Source of Data:
(click here)
Notes: Year is fiscal year. Subsidy value is total for the year of property tax abatements and sales tax exemptions less the net of payments in lieu of taxes. Jobs data is total current FTE. Wage data is estimated yearly salary created. See original source for further details on jobs and wage information. Description merges a general industry description with a project specific description as provided in the disclosure. Investment is total project cost.
Source Notes: If an online information source is not working, check the Tracker
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