News Summary
A new 14-story mixed-use building is set to rise at 35-20 College Point Blvd in Flushing, Queens. This ambitious project will feature 156 apartments, including affordable housing, and 6,200 square feet of commercial space. It aims to revitalize the local area with updated facilities, improve accessibility with parking spaces, and expand public walkways along Flushing Creek. As part of ongoing development efforts in Flushing, this project signals significant growth and investment in the community.
Exciting New Development Set for Flushing, Queens!
Queens residents, hold onto your hats! A major new project is coming your way. Developers are gearing up to build a 14-story mixed-use building at 35-20 College Point Blvd in the vibrant Flushing neighborhood. Isn’t that fantastic news? The project, spearheaded by 35-20 CPB Realty LLC, a group linked to local entrepreneur Jay Lau, looks to breathe new life into this underutilized industrial site.
What to Expect in This Urban Transformation
This ambitious development will not just be about concrete and steel. It’s set to span an impressive 120,000 square feet and feature a total of 156 apartments! That’s a mix of living spaces that people in the community will greatly appreciate. Of these apartments, 47 units will be earmarked for households earning an average of 80% of the area median income. It’s heartening to see that future residents will include dedicated affordable housing options!
Apartment Breakdown: What’s on Offer?
So, what types of apartments are in the mix? Well, the plans include 50 studio apartments, 74 one-bedroom units, and 32 two-bedroom units. Whether you’re starting your first home, looking for a cozy space, or need a little extra room for your family, there’s something for everyone!
More Than Just Apartments
The developers haven’t stopped at only residences. They aim to create a community-friendly environment by incorporating a 6,200-square-foot commercial space into the development. Perfect for local businesses to thrive! Plus, a 2,000-square-foot community facility will be included as well, adding more value for the community.
Parking and Accessibility
And let’s not forget about parking. The new complex will feature 58 parking spaces to help ease those city traffic woes—something anyone living in New York can appreciate!
Enhancing the Waterfront and Local Area
As an exciting bonus, the development plan includes expanding the shore public walkway along the picturesque Flushing Creek. This could be a wonderful recreational spot for residents and visitors alike, making this area even more attractive.
A Piece of History
Interestingly, this property has a bit of a history. Since 2016, it has been owned by CPB Realty, purchased for $5.3 million. Its current state features a cluster of low-rise buildings that currently house various industrial and commercial tenants, including a hardware store and cabinetry contractor.
Nothing New for Flushing
If you think this mixed-use project is the sole exciting venture in the area, think again! Flushing has been seeing a surge in construction projects lately. Nearby, another significant mixed-use building, The Sunlight, is on the rise at 138-18 Northern Boulevard. Set to encompass 127 condominium units, shops, and community facilities across a massive 300,000 square foot area, it’s another sign that Flushing is booming!
Looking Ahead
Costs for the Sunlight project are estimated at an impressive $220 million, signifying how serious the investment in Queens growth is becoming. And let’s not forget about Union Center, a 16-story mixed-use building at 37-16 Union St that has just reached street level and promises to offer a combination of office, retail, and community spaces. Scheduled completion is set for the winter of 2025.
Final Thoughts
The transformation of Flushing is well underway, and these new developments signal a bright future for this neighborhood. With much-needed housing, local businesses, and improved community facilities, the residents of Queens are in for an exciting ride.
Deeper Dive: News & Info About This Topic
- New York YIMBY: The Sunlight Rises at 138-18 Northern Boulevard in Flushing, Queens
- Wikipedia: Flushing, Queens
- QNS: Construction of 16-Story Mixed-Use Building in Flushing
- Google Search: Flushing construction news
- Gothamist: NY Senator Backs Citi Field Casino Plan
- Encyclopedia Britannica: Urban Development
- PIX11: Flushing’s Metropolitan Park Casino Proposal
- Google News: Flushing Queens development
