The median sales price for a single-family home in Dutchess County during March was $375,000. That’s an increase of 10.3% compared with March 2021, according to a USA TODAY Network localized analysis generated with data from Realtor.com. March prices are down from $382,500 the previous month. The number of houses sold fell by 61.4% fromRead More »
Part I Part II
We’ve been hearing about it for months. Actually, it’s been over a year, but we’re happy to tell you that construction has begun at Bellefield at Historic Hyde Park. The truth is that above-ground construction has finally begun. Apparently, projects like this need underground construction, too. But buildings are going up, and it looks asRead More »
A mixed-use development of 2.1 million square feet that has been positioned as a future economic powerhouse for Dutchess County is now being valued at $1 billion, approximately 25% more than the previous price tag of $800 million. Known as Bellefield at Historic Hyde Park, the project would bring to the area 802 residential units…Read More »
Bellefield at Historic Hyde Park, a new ‘live-work-play’ project in Dutchess County, was delayed two years by the pandemic The Hudson Valley has seen a surge of mixed-use development in recent years. In Orange County, a new apartment complex is being proposed across from the Galleria Mall. In Poughkeepsie, a $13 million dining, shopping andRead More »
A joint venture between T-Rex Capital Group and Shaner Hotel Group has landed a $36 million financing package to build a planned Marriott-branded hotel property in New York’s Hudson Valley, near the Franklin D. Roosevelt Presidential Library and Museum, Commercial Observer has learned. X-Caliber Rural Capital (XRC) , an affiliate of X-Caliber Capital and CastleGreenRead More »
“Agrihood,” the First in the Northeast, Will Be a Prime Draw, as Will Unique Culinary, Residential and Recreational Options HYDE PARK, N.Y. (May 23, 2022) – Bellefield Development Partners, an affiliate of T-Rex Capital Group, LLC, has announced an important milestone: Construction has begun on The Inn at Bellefield by Residence Inn, a hotel thatRead More »
For example, in northern Dutchess County, T-Rex Capital Group broke ground on its $800 million, 344-acre walkable community Bellefield at Historic Hyde Park in 2018. However, the team is only now ready to begin constructing its field building on the site. Before that could happen, the company had to install wastewater and sewage facilities necessaryRead More »
From a cursory glance driving up Route 9, it can be hard to parse what progress has been made at Bellefield at Historic Hyde Park. The $800 million planned “walkable community,” covering 344 acres across from the Culinary Institute of America, has been gestating with different names and features for nearly 15 years. It mayRead More »
Prices in Dutchess County rose 30 percent in 2020 The New York State Association of Realtors believes that buyer demand will remain strong and supply short for homes in the Hudson Valley, according to the Hudson Valley Post. Home prices have steadily increased in the area since early last summer when authorities lifted restrictions onRead More »
