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Stock impact report

EFG/Saber Heritage Begins Work on $300M Mixed-Use Project in Town of Poughkeepsie

SHOPRITE HLDGS LTD S/ADR (SRGHY) 
NASDAQ:AMEX Investor Relations: shopriteholdings.co.za/investor-centre.html
Company Research Source: PR Web
POUGHKEEPSIE, N.Y. (PRWEB) August 08, 2019 Developers have begun clearing the site of a former state psychiatric facility on Route 9 to make way for Hudson Heritage, a $300 million mixed-use community on 156 acres of land.EFG/Saber Heritage SC, LLC has received site plan and subdivision approval to begin demolition of the former Hudson River State Hospital campus, which operated in the Town of 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, health care, 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, LLC.Hudson Heritage is being designed as an intergenerational, walkable community with 750 units of townhomes, rental apartments and assisted-living Show less Read more
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