First business signed for Eastdale Village development in Poughkeepsie
Eastdale Village, a development under construction in the town of Poughkeepsie that will include its own town center along with residential and commercial buildings, has signed an agreement to bring the first business into the project; a 27,000-square-foot medical office.
Premier Medical Group, which has offices in Poughkeepsie, Fishkill, Rhinebeck, Kingston, Newburgh, New Windsor, Montgomery and Washingtonville, has signed an agreement to build a facility for its urology division.
Eastdale Village is a project by Kirchhoff Cos., a Dutchess County-based, integrated real estate development, investment and management firm. Ground was broken for the project last summer. Plans call for approximately 390 luxury rental residential units, with a mix of studio, one-, two- and three-bedroom units, and up to 120,000 square feet of commercial space in a walkable town center open to the general public that will feature green space along with a mix of food markets and restaurants.
“Premier Urology”™s new headquarters will completely change the way urology is offered in the greater Hudson Valley region,” said Dr. Jason Krumholtz, managing partner of Premier Medical Group and leader of its urology division. “It”™s great for the community, as well as for our practice and patients. We are excited to be the first official business locating to Eastdale Village.”
The practice offers general urology services and treats conditions such as prostate cancer, kidney cancer, infertility and kidney stones. The new facility will offer phlebotomy, radiology facilities, CAT scans and ultrasounds.
“What we wanted was an architectural mirror of our practice when we built this building,” Krumholtz said.
Construction financing for the Premier Medical Group”™s building is through M&T Bank.
Last August, developer Joseph T. Kirchhoff told the Business Journal that it would take approximately five years to complete the project at an estimated cost of $90 million. He said the property totals 80 acres and 35 would be developed. There would be parking for about 1,100 cars for residents and shoppers.