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Greene County close to a deal on Exit 21 development

Jun 17, 2022 12:45 am

Ted Remsnyder is reporting for Columbia-Greene Media Greene County is preparing to transfer 2.2 acres of property located at New York State Thruway Exit 21 to the Greene Local Development Corporation as part of the planned Exit 21 East Catskill development. During the Greene County Legislature’s Economic Development and Tourism Committee meeting on June 13, the committee unanimously agreed to set a public hearing on the matter for July 6. The county previously entered into a contract with the New York State Thruway Authority to purchase the Route 23B property for $421,100, with the Thruway Authority Board approving the deal in September. The county officially acquired the parcel on June 3. The Greene Industrial Development Agency will develop and market the Exit 21 East project. The development encompasses nearly seven acres off Thruway Exit 21 and will be the home of a Stewart’s shop and is shovel-ready for hotel and restaurant development. The IDA has spent $807,000 to date on the development, with $120,000 in financing pending for a new tourism center on the site. In 2019, the IDA issued a Request for Proposal to find qualified developers for the construction and operation of a hotel for the site. “The project partners intend to secure a developer to construct and operate a hotel that will enhance the sales tax base, create employment, and provide critical resources in support of a historic and strong tourism economy in Greene County,” according to the Request for Proposal. Read the full story at HudsonValley360 [dot] com.

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