Insane housing prices, private clubs and Zimmerman gowns? The Hudson Valley is starting to look a lot more like the Hamptons. Accelerated by the pandemic and the new realities of hybrid work, a fresh crop of buyers — and new luxury developments catering to them — are flocking to the region, attracted by its uniqueRead More »
$1 Billion Project, One of New York State’s Largest, Will be an Economic Powerhouse with Unique Culinary, Residential and Recreational Options HYDE PARK, N.Y. (June 28, 2022) – Bellefield Development Partners, an affiliate of T-Rex Capital Group, LLC, has secured $54 million in financing: $36 million in financing to propel construction of The Inn atRead More »
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 »
Agrihoods, neighborhoods that incorporate food production into their design, have been getting more attention in the residential development world. In many cases, these projects are conventional sprawl with a tiny community garden or orchard. Whereas, in their truest form, agrihoods weave food production into the design and experiential fabric of their communities in much moreRead More »