iPark 84 Officially Opens Food Hub

 

Businesses expanding and growing in new workspace

 

FOR IMMEDIATE RELEASE:

October 10, 2018

East Fishkill, NY (October 09, 2018) – Since acquiring the former IBM East Campus in East Fishkill a year ago, iPark 84 has secured eight significant new tenants, five of whom form the core of the Food Hub strategy. The Food Hub is anchored by inaugural businesses Cozzini Brothers Knives, Sloop Brewery and More Good Syrup. Future businesses joining the Food Hub include dairy and bakery producers.

Cozzini Brothers Knives at iPark84 Food Hub OpeningiPark has worked with Think Dutchess to attract these companies, who have created over 100 new jobs in East Fishkill. In addition, iPark has extended the leases of two major tech companies – IBM (100,000 sq ft) and eMagin (44,000 sq ft). Including Global Foundries, iPark has over 2,700 employees on site.

“Our strong regional workforce and access to key transportation routes are important to our food and beverage manufacturers,” says Sarah Lee, CEO of Think Dutchess. “A food hub like this, allows businesses to leverage all of the resources available in Dutchess County- from agriculture and location to people and technology. We look forward to watching more businesses start and expand here.”

Adam Watson, Co-Founder and President of Sloop Brewing said “We’re really excited to see this place open. It’s exciting to bring this IBM plant back to life.” Touting the importance of location for the now 25,000 square-foot facility, Watson says “Just minutes off exit fifteen on I-84 makes us accessible to the entire Hudson Valley now and puts us close to the city.” As production and distribution grow for these brewers and their neighbors sharing similar growth, so does the offering to the community.

I Park 84’s goal is to locate companies in the food and beverage industry to create a vibrant “hub” focused on locally sourced and produced Hudson Valley products while creating jobs and bringing new employees to the area. Several buildings on site are suitable for these occupancies and meet the standards of New York State for food businesses.

 

About Think Dutchess Alliance for Business

Think Dutchess Alliance for Business, is the one-stop shop for business development needs and activities in Dutchess County, New York. A business-led, nationally recognized economic development corporation, Think Dutchess’ mission is to attract, retain, and expand for-profit and not-for-profit businesses in Dutchess County. Think Dutchess’ organizational structure includes programs in business retention, expansion and attraction; financial counseling and deal structuring; permitting and zoning; commercial real estate; innovation and technology; strategic marketing and municipal advisory. For more information about Think Dutchess Alliance for Business, visit www.thinkdutchess.com

 

About iPark 84

Owned by National Resources, iPark 84 is a 300-acre mixed-use, tech/flex redevelopment project that will transform the former IBM East Fishkill campus. Offering development parcels, high bay space for traditional warehouse users, and pre-approved space for distribution and fulfillment centers, iPark 84 is centrally located in the Hudson Valley off Interstate I-84. The East Fishkill property is set to become a signature National Resources iPark property incorporating retail, hotel, and residential components. For more information about iPark 84 visit: http://www.nationalresources.com/work#iPark-84

Contact: Lynne Ward | Email: lward@nationalresources.com

 

The Poughkeepsie Underwear Factory

The Poughkeepsie Underwear Factory

Hudson River Housing has been a cornerstone of community building since 2008. Starting with the Middle Main Initiative, this nonprofit sought to improve the lives of City of Poughkeepsie residents and the community as a whole. In providing economical housing, arts, education and training programs, Hudson River Housing increasing economic impact to revive and celebrate the city of Poughkeepsie.

In 2012, the opportunity to create a tangible expression of hope came in the form of the National Historic Site, The Poughkeepsie Underwear Factory. Leveraging existing community relationships and resources, Hudson River Housing redeveloped The Underwear Factory into a mixed-use facility for housing, retail and community programs. Today the building is quickly becoming a community hub which provides education, entertainment, jobs and training programs that are enriching the neighborhood while strengthening the local economy.

Currently home to 15 low-cost housing units and 3 floors of community space occupied by Mid-Hudson Heritage, Mill Street Loft, Spark Media Project and the Poughkeepsie Open Kitchen. The city’s first community commercial kitchen stewards two local start-ups- North River Roasters and Earth, Wind and Fuego. Additionally, more than a dozen food entrepreneurs are now closer to launching start-ups of their own thanks to the ability of the organization to connect all of its arms to create opportunity at the local level.

Our Non-Profit of the Year award winner at the 2017 Business Excellence Awards has helped spark the energy bubbling over in this city on the go.  Attracting business, talent, entrepreneurs and building community spirit, Hudson River Housing and The Underwear Factory continues to propel the development in our region.

 

NATIONAL RESOURCES ANNOUNCES ACQUISITION OF FORMER IBM CAMPUS

FOR IMMEDIATE RELEASE

 

Contact:

Lynne M. Ward

National Resources

(203) 661-0055

lward@nationalresources.com

 

 

East Fishkill, New York – September 1, 2017 – National Resources (NRE) has acquired the former IBM East Campus in Fishkill, New York. NRE is taking ownefulfillment00-acres of land with 2 million square feet of buildings from GlobalFoundries.

The Campus is set to become one of NRE’s signature i.Park’s, a branded mixed-use tech/flex redevelopment with retail, hotel and residential components.

GlobalFoundries, with 2,500 employees, will continue to own 160-acres where it manufactures the 300 mm wafer and will lease several buildings from NRE. IBM and eMagin will lease offices, laboratories and clean rooms keeping the tech heart of the park in place. Several high bay spaces are to be leased to new users and high cube build-to-suit warehouses have been designed for distribution and fulfillment centers seeking the direct access to I-84 and New York City at this location.

Over the past six months, NRE has been working with Dutchess County Executive’s Office, Think Dutchess Alliance for Business, the Town of East Fishkill and Empire State Development prepare the site with the suitable zoning and parcel subdivision in order to secure users for its new commercial, industrial and mixed-use facilities.

Joseph Cotter, President of NRE and Lynne Ward, Executive Vice President, are striving for another success to compliment their fully leased portfolio of i.Parks in the NY/CT Metro Area. NRE is a specialist real estate development and investment firm that focuses on the redevelopment of corporate industrial sites and is best known for its landmark waterfront residences and innovative i.Parks. These branded i.Parks take full advantage of infill locations accessible to commercial centers and transportation nodes. Current and past projects include i.Park Hudson in Yonkers, New York; i.Park Norwalk in Norwalk, CT and i.Park Lake Success in Long Island, NY.

“The business plan is to take advantage of the $1 billion in infrastructure that currently exists at the site and provide new warehouse distribution opportunities in the I-84 corporate growth corridor. The skilled workforce in the area should be a major attraction for employers,” according to Joseph Cotter.

 

For more information on National Resources, visit http://www.NationalResources.com.

 

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TEN PARTNERS | ONE STRATEGY

A premier business-led organization, Think Dutchess Alliance for Business brings together 10 agencies under one unified vision for one-stop shop site selection, financing, incentives, permitting and advocacy, strategic planning and counseling, marketing and networking.