Governor Hochul Announces Completion of Barrel Factory Apartments, Bringing 100 New Homes to Kingston

100-Unit Mixed-Use, Mixed-Income Development Adds 80 Market-Rate and 20 Affordable Homes in Midtown Kingston

New York State Supported Barrel Factory Complex With $5.62 Million in Funding

Governor Kathy Hochul announced the completion of Barrel Factory Apartments, a $24 million mixed-use, mixed-income development at 110 Cornell Street in Midtown Kingston. Supported by a $4.78 million Mid-Hudson Momentum Fund grant from Empire State Development, the four-story building adds 100 new homes, including 20 affordable to households earning up to 80 percent of the Area Median Income, along with street-level retail on Cornell Street. The project is the second phase of the Barrel Factory Complex, a community-focused redevelopment by MHV Development that is transforming formerly vacant and underutilized properties into a new residential and commercial hub in Midtown Kingston.

“Today we are marking the completion of 100 new homes in Midtown Kingston, including 20 affordable apartments, alongside new commercial space and the continued redevelopment of the historic Barrel Factory site,” Governor Hochul said. “New York’s investment through the Mid-Hudson Momentum Fund helped advance this mixed-use development and expand the housing supply in the heart of Kingston, while building on the work already underway to bring long-vacant properties back into productive use.”