WGXC-90.7 FM

Coxsackie pegged for major housing developments

Feb 05, 2011 4:18 pm
[caption id="" align="alignright" width="200" caption="Ken Kearney, Kearney Realty Group, cuts the ribbon on a similar "multigenerational" development he recently completed in nearby Red Hook. "][/caption]The Greene County News has a story this week about a recently unveiled mixed use development being shepherded by the Greene County IDA that could bring a $50 million investment to the Town of Coxsackie, according to proponents. "IDA and town officials have been negotiating for a year with developer Kenneth Kearney to create the 100 acre development, known as Fountain Flats Park, located adjacent to State Route 9W and Bronck Mill Road, south of the 9W/81 intersection and behind the Martin Trailer Park in Coxsackie," the story runs, noting how a focus of the development is will be 73 units of affordable housing, dubbed Lime Hill Homestead, including a 24 unit senior housing building, an additional 48 townhomes and one additional two-bedroom unit for a building superintendent. “We have been working a long time to bring affordable housing to Coxsackie,” IDA Executive Director Sandy Mathes said. Additionally, the 100 acre lot will eventually become home to a commercial development, which could include a distribution center, office buildings, commercial endeavors and possibly even retail stores. In addition to the 100 acres the IDA has owned for 18 months, the agency is in talks with the owners of adjacent properties to see if a deal can be struck that would increase the property’s size to 200 acres. The Kearney Group will build and manage both housing components, which are known as “intergenerational” housing.
Mathes said the permitting process will likely begin this summer, with construction anticipated for either the fall of 2011 or at the latest, spring of 2012.
Wave Farm / WGXC Acra Contact Info
Mailing: PO Box 13 Acra, NY 12405
Main Office / Acra Studio
(518) 622-2598
WGXC Office
(518) 697-7400
WGXC Hudson Studio
(518) 828-0290
WGXC Feedback
(518) 212-7509 feedback@wgxc.org
Wave Farm / WGXC Acra Studio: 5662 Route 23 Acra, NY 12405
WGXC Hudson Studio: 369 Warren St. Hudson, NY 12534