Thursday, January 18, 2018

Developer abandons plans for Town of Newburgh retail project

The developer proposing to build a 700,000-square-foot retail, dining and entertainment complex on Route 300 in the Town of Newburgh officially announced it is abandoning the project, two months after the Newburgh school board rejected a 20-year tax-break deal.

Needham, Mass.-based Waterstone Properties said Wednesday in a press release that it is considering non-retail uses for the 122-acre property, which sits across from the Newburgh Mall where Route 300 intersects with Interstate 84.

Named The Ridge Hudson Valley, the project was to include an 85,000-square-foot BJ’s Wholesale Club, a 50,000-square-foot Dick’s Sporting Goods and a 78,000- square-foot ShopRite, which would have relocated from North Plank Road.. . . more

No comments: