Mike Oates brings extensive expertise in economic development to his new role.
Hyde Park, N.Y. (December 6, 2016) – Bellefield Development Partners, the team behind Bellefield at Historic Hyde Park and an affiliate of T-Rex Capital Group, LLC, is proud to announce that Mike Oates will join the team as Managing Partner. Oates is the former CEO of Hudson River Ventures, a small business investment fund focused on Food & Beverage, Tourism, Hospitality, 3D Printing and Innovative Technology with investment projects located in the Hudson Valley.
“I could not be more excited to join the Bellefield Development Partners team. Bellefield at Historic Hyde Park’s premier location, right in the heart of the Hudson Valley’s culinary and tourism capital, is second to none,” said Oates. “With the Walkway over the Hudson to our south, FDR’s Presidential Library and Vanderbilt Mansion to our north, Bellefield is perfectly situated to attract companies that want to thrive in an area rich with history and supported by a strong farm-to-table culinary culture.”
In his new role with Bellefield Development Partners, Oates will be responsible for overseeing and managing tenant real estate needs, handling government relations, and marketing Bellefield as the premier destination for culinary companies looking to grow their businesses.
“We want to bring jobs, investment and opportunities to the area and believe that our property can meet the needs of food and beverage companies looking to grow,’ added Oates.
As the former President and CEO of Hudson Valley Economic Development, Oates created the Hudson Valley Food & Beverage Alliance, BioHud Valley and Hudson Valley Advance Manufacturing Center at SUNY New Paltz. He formerly served as Vice President / Regional Director for Empire State Development, New York’s lead economic development corporation charged with attracting new companies to New York.
About Bellefield at Historic Hyde Park:
Bellefield at Historic Hyde Park is a $500 million dollar tourism destination proposed for development on Route 9 across from the Culinary Institute of America (CIA). Initial plans call for development of two hotels, a conference center, a free standing signature restaurant, a spa, and culinary based retail establishments. 58% of the site’s 339 acres will remain wooded and undeveloped with another 48 acres devoted to agricultural use to preserve the natural beauty of the site. Bellefield at Historic Hyde Park has been selected as a Priority Project by Governor Cuomo’s Mid-Hudson Regional Council.
About T-Rex Capital Group LLC:
T-Rex Capital Group LLC is an experienced privately held real estate firm. T-Rex has sourced and invested in proprietary transactions encompassing more than 11 million square feet with a gross asset value of over $2.5 billion. Its key executives average over 25 years of experience with more than $7 billion of investing and development experience.
For more information about Bellefield at Hyde Park and T-Rex Capital Group LLC, visit www.bellefieldhydepark.com.