Hudson Landing Promenade
The Hudson Landing Promenade and Development project, a public/private inter-municipal partnership, will provide economic development benefits for the City of Kingston and the Town and County of Ulster. It is a transformational project for the municipalities and the Hudson Valley Region. The Partners, the City of Kingston Planning Board, Town of Ulster, Hudson Landing Development LLC and the County of Ulster, have joined to advance this unique opportunity.
The overall plan, approved by an extensive planning review and SEQR process, is to invest in constructing meaningful permanent public infrastructure to jump-start the larger transformational Hudson Landing Development project that will create a new neighborhood on the Kingston/Ulster waterfront. This project will bring new investment, jobs and tax ratables to a former cement factory and mine site that now sits idle. The site is located within the City of Kingston and Town of Ulster and will provide a quality “infill” urban revitalization project. It will add new vitality and residents to the waterfront area.
The total estimated project cost in the first phase is $2.4 million, with $1.2 million for the construction of the Promenade by grants, and $1.2 million provided by Hudson Landing Development LLC through cash investments for the access road, utilities and other components, as well as the permanent easement of the land needed for the Promenade and related items.
The Promenade is seen as the first step toward jump-starting the Hudson Landing project even with the uncertainties in the housing market.