fbpx
  • Subscribe & Support
  • Print Edition
    • Get Home Delivery
    • Read ePaper Online
    • Newsstand Locations
  • HV1 Magazines
  • Contact
    • Advertise
    • Submit Your Event
    • Customer Support
    • Submit A News Tip
    • Send Letter to the Editor
    • Where’s My Paper?
  • Our Newsletters
  • Manage HV1 Account
  • Free HV1 Trial
Hudson Valley One
  • News
    • Schools
    • Business
    • Sports
    • Crime
    • Politics & Government
  • What’s UP
    • Calendar Of Events
    • Subscribe to the What’s UP newsletter
  • Opinion
    • Letters
    • Columns
  • Local
    • Special Sections
    • Local History
  • Marketplace
    • All Classified Ads
    • Post a Classified Ad
  • Obituaries
  • Log Out
No Result
View All Result
  • News
    • Schools
    • Business
    • Sports
    • Crime
    • Politics & Government
  • What’s UP
    • Calendar Of Events
    • Subscribe to the What’s UP newsletter
  • Opinion
    • Letters
    • Columns
  • Local
    • Special Sections
    • Local History
  • Marketplace
    • All Classified Ads
    • Post a Classified Ad
  • Obituaries
  • Log Out
No Result
View All Result
Hudson Valley One
No Result
View All Result

Ups and downs in Ellenville

by HV1 Staff
October 24, 2023
in Business
0

There was both very good and very bad news for the Ellenville economy this past week.

The very bad news first.

The main grocery store in the village, the Ellenville ShopRite, is closing no later than next October. The 46,700-square-foot anchor store at 1 ShopRite Boulevard off Route 209 has been operating in the village for several decades. It opens at 6 a.m. and closes at 10 p.m. seven days a week.

ShopRite is a cooperative with $18.6 billion in sales in 2022. It operates about 300 stores in the Northeast, and had been shedding underperforming facilities. The owner of the Ellenville store, ShopRite Supermarkets, Inc. owns 35 stores, including the ones in New Paltz and Kingston.

The very good news is that Chicago-based Cresco Labs, which calls itself the “number-one U.S. wholesaler of branded cannabis.” has secured a ten-year commercial mortgage with a principal amount of up to $25.3 million at an initial rate at close of 8.43 percent to build a cultivation and manufacturing facility at the former Schrade plant at 11 Aluminum Drive just outside Ellenville. The Cresco groundbreaking on the facility took place last October, but construction had been delayed.

In May 2022, the company was induced  through a $28-million reduction in property taxes over 15 years and ten million dollars in sales-tax exemptions for the construction of a $200-million facility that was touted as creating an eventual 375 jobs. Last October Creso founder Charles Bachtell promised 75 jobs by this past spring.

 

Tags: members
Join the family! Grab a free month of HV1 from the folks who have brought you substantive local news since 1972. We made it 50 years thanks to support from readers like you. Help us keep real journalism alive.
- Geddy Sveikauskas, Publisher

HV1 Staff

Related Posts

Quick Brown Fox Letterpress launches retail shop in Saugerties
Art & Music

Quick Brown Fox Letterpress launches retail shop in Saugerties

May 27, 2025
Arts Society of Kingston seeks harmony amid upheavals
Business

Arts Society of Kingston asks for emergency funds to replace hazardous lead pipe

May 13, 2025
It seems that wonders will never cease
Business

It seems that wonders will never cease

May 7, 2025
Ulster County’s last Rite Aid set to close in Kingston
Business

Ulster County’s last Rite Aid set to close in Kingston

May 7, 2025
Clinical herbalist to open shop in Kingston on Thursday
Business

Clinical herbalist to open shop in Kingston on Thursday

May 7, 2025
Eatery by day, wine bar at night
Business

Eatery by day, wine bar at night

April 30, 2025
Next Post
Medicare, November 7th,  Israel/Palestine and more letters from our readers

Medicare, November 7th, Israel/Palestine and more letters from our readers

Weather

Kingston, NY
55°
Cloudy
5:22 am8:24 pm EDT
Feels like: 55°F
Wind: 1mph NW
Humidity: 94%
Pressure: 30.1"Hg
UV index: 0
FriSatSun
79°F / 57°F
68°F / 50°F
64°F / 46°F
powered by Weather Atlas

Subscribe

Independent. Local. Substantive. Subscribe now.

×
We've expanded coverage and need your support. Subscribe now for unlimited access -- free article(s) remain for the month.
View Subscription Offers Sign In
  • Subscribe & Support
  • Print Edition
  • HV1 Magazines
  • Contact
  • Our Newsletters
  • Manage HV1 Account
  • Free HV1 Trial

© 2022 Ulster Publishing

No Result
View All Result
  • News
    • Schools
    • Business
    • Sports
    • Crime
    • Politics & Government
  • What’s Happening
    • Calendar Of Events
    • Art
    • Books
    • Kids
    • Lifestyle & Wellness
    • Food & Drink
    • Music
    • Nature
    • Stage & Screen
  • Opinions
    • Letters
    • Columns
  • Local
    • Special Sections
    • Local History
  • Marketplace
    • All Classified Ads
    • Post a Classified Ad
  • Obituaries
  • Subscribe & Support
  • Contact Us
    • Customer Support
    • Advertise
    • Submit A News Tip
  • Print Edition
    • Read ePaper Online
    • Newsstand Locations
    • Where’s My Paper
  • HV1 Magazines
  • Manage HV1 Account
  • Log In
  • Free HV1 Trial
  • Subscribe to Our Newsletters
    • Hey Kingston
    • New Paltz Times
    • Woodstock Times
    • Week in Review

© 2022 Ulster Publishing