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Called "The Hive," a partnership between MASS Design Group and R. L. Baxter Building Corporation, the developers and the city are hoping to offer downtown resident's a walkable, one-stop destination.
Located at span 33 and 35 Academy St., the development recently received $1,205,00 in grant funds as part of the city's continuing efforts for development and green infrastructure projects, Mayor Rob Rolison said in a press release.
The city received a total of $2 million in grants late last year, part of which was greenlighted for the project.
“These latest grant awards demonstrate that New York State recognizes the upward trajectory of the City of Poughkeepsie," the Mayor said." Momentum and interest in our city continue to build, and we are seeing increasing private investment such as The Hive coming into downtown as well as other areas of the city. "
A large part of the project, as well as others throughout the city, will focus on sustainability and protecting the environment, such as through green infrastructure improvements to our downtown parking lots.
"These two projects complement each other and demonstrate what can happen when the public and private sectors work together toward common goals," he said.
The project is slated to begin construction in 2020.
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