KARC Planning Consultants assisted Poughkeepsie Industrial Park LLC and Air Protection Packaging Corp. in securing financial incentives through the Dutchess County Industrial Development Agency (DCIDA) for the acquisition and renovation of an existing industrial facility in the Town of Poughkeepsie, New York. The project involved the redevelopment of a 58.3-acre property at 900 Dutchess Turnpike, including the renovation of approximately 165,000 square feet of existing building space to accommodate manufacturing operations, the addition of loading docks, site improvements, and the installation of manufacturing and other equipment.
KARC prepared and coordinated the project’s IDA application and supported the Applicant throughout the Agency’s review and approval process. The project represented a significant investment in the continued use of an existing industrial property for manufacturing, warehousing, and office operations, while supporting the retention and expansion of private-sector employment and economic activity within Dutchess County.
Through KARC’s assistance, the project received DCIDA financial assistance including exemptions from sales and use taxes and mortgage recording taxes, as well as a structured PILOT agreement providing real property tax benefits over a 15-year period.
