SENATOR BALL ANNOUNCES ANOTHER $500K GRANT FOR HOMETOWN
Brewster, N.Y. – 12/18/2013 – Senator Greg Ball (R, C, I – Patterson) has announced that he has successfully worked with the Regional Economic Development Council and local partners, to secure $500,000 for Pawling, specifically the Castagna Commerce Park project in Pawling, NY.
“Time flies and I actually remember reading about the plans for the old Rod and Gun Club in Pawling when I was a teenager. That was a long time ago. Needless to say, this project is long, long overdue and the affordable senior housing for local seniors is needed immediately. I am happy to team up with all of Pawling’s stakeholders and elected officials and the Pawling Chamber of Commerce, including Peter Cris, to help make this project a reality, bringing much needed economic development and good paying jobs to my hometown,” said Senator Greg Ball. “Not long ago I worked to successfully secure $500,000 for this project, and I am now proud to say that I have successfully secured an additional $500,000 through the Mid-Hudson Regional Economic Development Council.”
Castagna Commerce Park is a planned mixed use multi-phased development consisting of medical office, retail, senior housing and assisted living facilities estimated to break ground in the summer or fall of 2014.
This first phase will include 80 senior housing rental units and 67,000 square feet of medical offices. Phase II, planned for a 2015 start, will include an additional 100 senior housing townhomes. Phase III will be additional medical offices and Phase IV is planned to be 220 additional senior housing units and 200,000 square feet of retail and hotel space.
Pawling Supervisor David Kelly was quoted as saying, “the Castagna Commerce Park, including the Hamlet at Pawling, addresses several needs of the community; senior housing, increased tax revenue, and jobs. We both understand the needs of our constituents and strive to address those needs on a daily basis. It has been a pleasure to work with Senator Ball to improve the economic vitality of the Senator’s hometown and the Harlem Valley as a whole.”
“The Pawling Chamber of Commerce is excited with the announcement of the $500,000 awarded to ensure the continuation of infrastructure for Castagna Commerce Park and its multiple phases including additional senior housing, medical office and retail space,” said Peter Cris, President Pawling Chamber of Commerce. “The Chamber appreciates the extraordinary efforts of Senator Ball to secure this funding that will result in job growth and tax revenue for the Pawling Community. This is a great model for economic development that will benefit Pawling, Dutchess County and the entire region.”
“Castagna Realty would like to thank Senator Ball for his work in securing the additional funding to expand Pawling’s infrastructure. The funding will ensure the continuation of Castagna Commerce Park’s future phases including additional senior housing, medical office, retail, and a hotel as well as the future growth for all of Pawling and Dutchess County,” said John Gutleber, President and CEO Castagna Realty. “We look forward to working with the Senator, the Pawling Community, and all of Pawling’s municipalities and their boards in the additional phases of the Castagna Wellness Center to create jobs, taxes, and sustainable economic development over the next few years.”
This project is a significant addition to the overall economic development of Pawling and provides significant benefits to the town, including 1,823 construction jobs, 898 permanent jobs and cumulative tax revenue of over $5 million dollars over the five years of development.
The funds secured for the project come from a total $59.6 million that the Mid-Hudson Regional Economic Development Council (REDC) was awarded this year. Over the past three years, the Mid-Hudson REDC has delivered $219.4 million for over a hundred job creation and community development projects in the Hudson Valley. The first year, the Mid-Hudson Region received $67 million, the second year, they received $92.8 million and this year they received $59.6 million for job-creating projects.
For more information about the Regional Economic Development Councils please visit: regionalcouncils.ny.gov.
For more information, please contact email@example.com or (845) 531-9796