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The Planned Residential Development (PRD), which is before the Village Planning Board for site plan approval, will now move into the Final Environmental Impact Statement (FEIS) stage.
Called the Residences at Hampshire Country Club, the development will feature 105 ultra-luxury residential units, including 64 carriage homes designed to appeal to empty-nesters looking for low maintenance and resort-style.
The single-family residences will be designed to appeal to those in the community looking to experience the benefits of the adjacent club facilities and golf course.
The project is expected to generate approximately $5.2 million in taxes annually, including approximately $1.5 million in annual school taxes. The total tax revenue versus the current taxes paid by the club is forecast to be in excess of $4.8 million, officials said.
The club will continue to operate during and after the construction of the project.
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