Construction Launches at $147M Adaptive Reuse Project in Poughkeepsie
Construction has begun at Wallace Campus, a $147-million, 187-unit mixed-use affordable housing development in the city of Poughkeepsie, Dutchess County. The project, located on Main Street, includes the transformation of a vacant department store and is part of New York Gov. Kathy Hochul’s $25-billion, five-year Housing Plan, which is on track to create or preserve 100,000 affordable homes statewide.
“Wallace Campus will not only create new affordable housing opportunities on Poughkeepsie’s Main Street Corridor but will also bring new economic activity to the city and preserve an important piece of Poughkeepsie’s history,” said Hochul. “This is more than an investment in a project; this is an investment in downtown Poughkeepsie and its future.”
Developed by Mega Development Group and Ametrine Group, in partnership with onsite social services provider Mental Health America of Dutchess County, the development transforms the former Wallace Department Store into 69 apartments and creates an additional 118 units across two new buildings.
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout