Officials are looking at options for developing the area in and by HC12100112302

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									Officials are looking at options for developing the area in and
around the Poughkeepsie Train Station to include restaurants,
offices and residential properties.
City Mayor John Tkazyik and Metro-North President Howard Permut signed a
memorandum of understanding Thursday at the station. The memorandum outlines the
initial actions the city and railroad will take toward developing the area.

The proposal is akin to a transit-oriented development plan officials are discussing in the
City of Beacon. The 22-acre development is about a half-mile from Beacon's Main Street.
The proposal would add parking, as well as hundreds of apartments and condominiums
on land Metro-North owns, in addition to stores and office space, all in a walkable area
near the waterfront.

The announcement in Poughkeepsie comes just a day after a bankruptcy judge ruled that
a sale of Dooley Square, a private complex of restaurants, shops and offices next to the
train station -- long portrayed as key to the city's revitalization -- can proceed, a decision
that could lead to a dozen businesses being forced out of the complex.

Analyses to come

According to the memorandum, the city and Metro-North will prepare an economic and
financial analysis and a conceptual plan. The city will draft zoning regulations for the
area that includes land owned by the railroad and about 3 to 5 acres of city property west
of the station on Water Street, the document said.

"We have no plans to do anything on or to privately owned land," Metro-North
spokeswoman Marjorie Anders said in an e-mail.

Anders said it's still too early in the process to discuss funding for further stages of
development.

She said the railroad has not yet been in contact with Preferred Group of Manhattan, the
prospective buyer of Dooley Square.

The state Department of State will provide a $40,000 Smart Growth Program Grant to
fund the economic analysis, said Paul Beyer, Smart Growth director.

The economic analysis will establish viable density goals for the development properties
and determine what would be the "best mix" of residential, commercial, retail and
recreational use, the document said.

The city and Metro-North will "undertake stakeholder and public outreach to discuss the
proposed plan," which will include stakeholder meetings and public open houses, the
document said.
Beyer said criteria for "transit-oriented development" would include pedestrian
accessibility, mixed uses -- residential, businesses, and the like, and proximity to mass
transit.

"Developers used to run from a train station. Now it's come full circle," Beyer said.

"This will mean jobs, this will mean growth, this will mean opportunities," said Charles
North, president and chief executive officer of the Dutchess County Regional Chamber of
Commerce. "Not only does it help the city, it helps the region."

Reach Emily Stewart at estewart@poughkeepsiejournal.com or 845-437-4882.

								
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