OVERVIEW

H.F. Park Property, LLC

H.F. Park Property, LLC reconstructed and renovated three buildings on Main Street in Hudson Falls into a mixed-use project consisting of three residential apartments and approximately 10,000 square feet of commercial space.

The total project cost was estimated at $1,360,000, and the WWIDA provided sales tax exemption of up to $34,000, mortgage tax exemption of $12,000, and a partial real property tax abatement through a PILOT Agreement at a value of $57,580 during the 10-year term to help facilitate this project.

They had 15 full-time employees prior to this project and reported 29 full-time employees in 2022.

$431 Million

In direct construction investment over three years.

$269 Million

In revenue to local municipalities and school districts over 30 years.

Additional

Additional stat could go here.

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