![]() ![]() Total investment in the 245-unit project is estimated at $500 million, said Torres. "We think we're on the upswing," Molinaro said. He said the county has recently been seeing a number of development projects as the nation's economy continues its recovery and outreach efforts continue. "This particular project speaks to the younger families, certainly younger families of means," said Dutchess County Executive Marc Molinaro. The centerpiece is an 18-hole golf course along with other amenities aimed at appealing to the whole family. No building will exceed the height limits of current rules in Amenia of 35 feet or less, they said.ĭaniel O'Callaghan, an executive with Discovery, said the project's appeal is mainly to younger buyers who have families. Among them are jobs and a 10-year boost of more than $63 million in added property taxes local governments will collect.Ībout 538 acres will remain open space, which is about 80 percent of the land the developers own, they said. ![]() Joining in the developers' briefing at the Route 44 site Tuesday afternoon, they spoke favorably about the benefits it will bring. This time, Pedro Torres, whose family has owned the property and tried to develop it since 1999, is sounding confident that the team and time are right.Īlthough a golf course has been there for many years, earlier housing plans, including some by other developers, did not proceed. It's a revised and downsized plan, weighing in at 245 homes. The developers, Stoneleaf Partners and Discovery Land Co., expect to present formal updated proposals to the town's planning board next week. Silo Ridge plans to sell to high-end buyers, mostly young families from the New York metropolitan area, who look for a place in the country that caters to not only adults but their kids, too. 21.Watch Video: Local Officials Presented Updated Plans for Silo RidgeĪMENIA – Developers with a $500 million vision for a luxury residential resort club community at the Silo Ridge property say they are ready to roll. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. ![]() and/or other countries.Ĭorporate Responsibility, Privacy & Legal Notices: Compass is a licensed real estate broker, licensed to do business as Compass RE in Delaware, Idaho, New Jersey, Pennsylvania and Tennessee, Compass Real Estate in Washington, DC, Wyoming and Idaho, Compass Realty Group in Missouri and Kansas, and Compass South Carolina LLC in South Carolina. ![]() Do Not Sell or Share My Personal Information, Terms of Service, Privacy Center, Scam Avoidance, Responsible Disclosure, Compass is an E-Verify employer, Notice for California Applicants, California COVID-19 Rules of Entry, and Your CA Privacy RightsĬOMPASS, the Compass logo, and other various trademarks, logos, designs, and slogans are the registered and unregistered trademarks of Compass, Inc. ![]()
0 Comments
Leave a Reply. |