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Beacon, New York: Grande Residences & Academy (EQT)

Project: Metropolitan | Region: Americas | Region: Show all Regions | Project: Show all Projects | Minimum Capital Raise: $ 10 - 15 Million | Offering Status: Land Acquisition | Offering Status: Building Expansion | Offering Status: Building Renovation | Visa Investor Projects: United States Residence | Minimum Investment Per Investor: $75,000 |

Beacon, New York: Grande Residences & Academy (EQT)

A Grande Residence community shares the rolling hills and scenic woodlands, as well as mixed use facilities. The Grande Tennis Academy in Beacon, New York provides expert tennis instruction and a full academic specialized high school program. 
 

This mixed-use development features a college preparatory school and tennis academy for students with a passion for tennis, as well as a townhome community in immediate proximity to the art and cultural hub of Beacon, New York. Set in a renovated mansion on scenic woodlands in the Hudson River Valley, the Beacon Grande Tennis Academy provides a full year high school education for both day and boarding students. Originally serving as the showcase home of an American Civil War general and then a health facility for the wealthy and elite of American society, the historic Tioronda Estate provides classrooms, offices, dormitory rooms, and wellness and club facilities. Inspired by and grounded in the luxurious roots of its century long history, the Craig House restoration becomes an important preservation milestone in Dutchess County.

A 14 (potential expansion to 23) court tennis complex supports the school with camps, clinics, and instruction inspired and informed by tennis celebrities’ globally recognized training and competitive methods. Lighted courts and weather protection during the winter season enables year-round practice and play. Seating and viewing platforms allow students to showcase their skills in front of peers, parents, and instructors—and allow them to view instructor and tennis pro exhibition matches. Facilities and instruction are open for summer camps and for members of the master-planned townhome community.

The Grande Residence community features 150 townhomes. Each is a two-story, multi-bedroom residence with living, dining and lounge areas as well as a garage. Residents enjoy the indigenous art galleries and museums in the city of Beacon, as well as the city’s fine dining and robust selection of international cuisines, crafts and collectibles shops, and festivals.

Beacon is located in southeastern New York State between the Hudson River on its west and the New York-Connecticut border on its east, about halfway between the cities of Albany and New York City. The Metro North Railroad provides regular and easy access to Manhattan through Grand Central Terminal. Residents and visitors, as well as parents and students will enjoy hiking trails on the tallest peak of the Hudson Highlands, Mount Beacon, and amazing views of the Hudson River winding through the City of Beacon. In their own backyards, residents will likewise enjoy the idle pleasure and sights of the Fishkill Creek, nature trails, and the wellness and tennis facilities of the Grande Tennis Academy.

Accessibility: Beacon’s nearest airport (11 miles) is Stewart International Airport (SWF/KSWF), which handles domestic flights to and from certain gateway American cities, including St. Petersburg, Detroit, Orlando, and Philadelphia. The Metro North Railroad maintains a stop in Beacon, providing access to and from Grand Central Terminal in New York, New York. Highway connections include I-84, NY 9D, and NY 52 Business. Beacon is a 60 mile drive from Manhattan.

Highlights: The three river-side parks, Bowdoin Park (300 acres), Wilcox Park (600 acres) and Quite Cove Park (25 acres) offer great out-door recreational activities such as biking and hiking along the Dutchess Rail Trail and Harlem Valley Rail Trail.  Part of Dutchess County, Beacon is also a renowned art and culture destination set along the waterfront of the Hudson River. It is home to the largest contemporary art museum in the United States. A variety of additional art galleries complement the art scene with collectible and craft shops on Main Street, alongside an equally broad assortment of restaurants and cuisines. Mount Beacon and the Hudson River are the main geographic destinations, which support hiking and river ferry tours respectively.

Tourism: Beacon has become an increasingly popular tourist destination for New Yorkers and regional visitors, especially in summer. Tourism offers a colorful 1, 3, and 5 day-tour program which focuses on Beacon’s art, culture and an industrial background as well as the natural and historic landmarks of the county. Easy access from the New York Metro line has enabled Beacon to develop a thriving arts scene, most evident in its Dia:Arts Museum. Beacon showcases modern and contemporary art exhibits, drawing 75,000 visitors per year. In addition to its artistic attractions, Mount Beacon serves as a popular destination for hikers.

Economy: Dutchess County has fared better than the State of New York with unemployment. The most recent data available showed an unemployment rate of 7.5% in Dutchess County, 0.7% better than New York State and 0.1% better than the country. The county income per capita is $33,037, and the median household income is $73,323. Beacon has a median household income of $73,526. The Dutchess County Economic Development Corporation provides investor incentives through public and private financial resources.

Project Incentives:

Tax: Utilization of engineering-based, [US/other] government approved tax benefit tools may be available to reduce current income tax liabilities using accelerated depreciation along with many other engineering studies to potentially enhance investor savings and returns.

Regional/State Economic Grant: Project may qualify for a government funded development or operating grant.

Immigrant Investor Programs: Participation in offering may provide business investors with access to an investment country immigration investor program (i.e. EB5, CIP, Golden Visas). To obtain a safe haven residency or citizenship under business immigration, it is very important to establish “business ties” with that country.  A passive investment, such as buying a commercial or residential real estate property and other investments may qualify the investor for a business immigration program.

Available Conversion Options:

Multi Family Residence
Future Tuition Credit at Grande Excelsior School
Future Tuition Credit at Grande Sports Academy


IMPORTANT INVESTOR NOTICE!  

Following Rules apply :

US Investors  (US residents) FOREIGN Investors (non-US residents)
Accredited:  YES. Admitted for investment.
Accredited: Contact [email protected] to determine eligibility.
Non-Accredited: NO. Not admitted for investment.
Non-Accredited: Contact [email protected] to determine  eligibility.

Information on US Accreditation Rules.


GRANDEINVEST & THE GRANDE ORGANIZATION: GrandeInvest is an advanced technology based investment real estate platform offering financial participation in sports celebrity branded and international prime real estate worldwide. It is a product of The Grande Organization LLC (TGO) based in New York, New York. The Grande Organization markets and develops integrated luxury real estate, investments, and related branded sports amenities. The Grande Organization’s real estate portfolio includes Grande Club and Residences, Grande Residences, Grande Resort, Ocean Grande Resort, Harbour Grande, and Grande Mountain Villas. Its development focus is on properties in key metropolitan cities and waterfront destinations throughout the Americas, the Bahamas and the Caribbean, Asia, Australia, Great Britain, Europe, and the Middle East. Qualified investors can benefit from investments in mixed-use developments, hotels, retail, SPAs, restaurants, as well as residential and vacation properties.

LOCAL PARTNERS: Trust of Robert W. Wilson: Robert W. Wilson was a hedge-fund founder who built a reputation as a philanthropist. He passed away December of 2013. His causes included The Nature Conservancy, the Environmental Defense Fund, the Wildlife Conservation Society, the World Monuments Fund, the American Civil Liberties Union and Roman Catholic education. Despite his sizable donations, approximately $600 million, Mr. Wilson had a reputation for frugality. A founding partner of Wilson & Associates, a hedge fund firm, Mr. Wilson made his fortune in the stock market. He founded Wilson & Associates in 1969 and retired in 1986. Mr. Wilson owned the Tioronda Estate, and it remains in his trust to date.

DEVELOPMENT TEAM: Planner: RT Consult provides architectural design services for hotel, residential projects for international clients. Architects: FDG-USA and SPS+ Architects. FDG-USA is a full service planning firm with international experience in design management and construction administration. It brings over 95 years of collective experience in master planning and design of hospitality, entertainment, mixed-use, residential and resort projects. SPS+ is specialized in the design of sports venue and education facilities. Civil Engineer: Hudson Land Design Professional Engineering, with 34 years of combined experience, specializes in all facets of civil and environmental engineering services, with a home office in Beacon, NY.  Sports Facilities Architects: Rossetti Architects, nationally acclaimed sports architect, who designed Sony, Indian Wells, and US Open/Arthur Ashe Tennis Stadiums, provides tennis facility planning and design. Tennis Operations: Peter Burwash International, which operates 70 tennis complexes worldwide at the top resorts and private clubs from the Caribbean to California, and from Singapore and Hong Kong to Europe and Dubai, will provide operational and staffing resources. PBI facilities are located at Four Seasons Resorts, Ritz Carlton Hotels, JW Marriott properties, and many other global luxury resorts and private clubs such as Badrutt’s Palace Hotel in St. Moritz, Switzerland.

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