69-02 Queens Boulevard

69-02 Queens Boulevard Tops Out in Woodside, Queens

Construction has topped out on 69-02 Queens Boulevard, a pair of 12- and 15-story mixed-use buildings on the border of Elmhurst and Woodside, Queens. Designed by Perkins Eastman and developed in partnership with the New York City School Construction Authority and Madison Realty Capital, the 500,000-square-foot complex will yield 478 mixed-income apartments, a public school, and retail and public outdoor space. McNamara Salvia is the structural engineer and Omnibuild is the general contractor for the project, which is located on a plot of land bound by Queens Boulevard to the north, 69th Street to the east, 70th Street to the west and 47th Avenue to the south.

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69-02 Queens Boulevard rendering deisgned by Perkins Eastman Architects, via the Department of City Planning

Madison Realty Capital Applies for Rezoning at 69-02 Queens Boulevard, Elmhurst, Queens

The 29,000 square foot lot at 69-02 Queens Boulevard, in Elmhurst, Queens, is getting closer to the construction of a major new building. YIMBY last covered the project two years ago, after developers Madison Realty Capital purchased the first portion of the assemblage for $14.75 million. The firm has now submitted a proposal to the Department of City Planning to build two new structures, rising up 14 and 17 floors. This action would require the rezoning of several industrial lots.

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69-02 Queens Boulevard

Developer Assembling Mixed-Use Site At 69-02 Queens Boulevard, Elmhurst

Madison Realty Capital has acquired the vacant 29,000-square-foot lot at 69-02 – 69-08 Queens Boulevard, in Elmhurst, for $14.75 million. The purchase is the first of five properties that are currently being assembled for a mixed-use development, according to The Real Deal. Three other properties – the two-story structure at 46-12 70th Street, the single-story warehouse as 69-39 47th Avenue, and the restaurant at 69-20 Queens Boulevard – are currently in contract to be sold by their respective owners. The fifth property is a two-story cultural center at 69-23 47th Avenue. The single property Madison owns can accommodate roughly 145,000 square feet of development, but if successful in acquiring the entire assemblage, the developer could build a nearly 358,000-square-foot project. At that point, Madison plans to take a mixed-use rental project through the city’s Urban Land Use Review Procedure (ULURP).


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