$300m mixed-use project breaks ground in New York state

EFG/Saber Heritage SC, a joint venture between Saber Real Estate North and EnviroFinance Group, has begun construction of its $300 million mixed-use community on 156 acres of land. The project, Hudson Heritage, is located on a former state psychiatric facility on Route 9 in Poughkeepsie City, N.Y.

EFG/Saber Heritage SC received site plan and subdivision approval to begin demolition of the former Hudson River State Hospital campus, which operated in Poughkeepsie from 1873 until its closure in the early 2000s.

“We are thrilled with the opportunity to transform this magnificent piece of land into a thriving, open-air community in which residents are within walking distance of top-notch restaurants, shopping, healthcare, education, entertainment and beautiful nature trails — all the amenities they need to live, work and play,” said Martin Berger, development manager with EFG/Saber Heritage SC.

Hudson Heritage is being designed as an intergenerational, walkable