Triangle Equities has announced an expedited construction plan for their Terminal Logistics Center by the John F. Kennedy Airport. Located at 130-24 South Conduit Avenue in South Ozone Park, Queens, the building will be a multi-tenant hub for air and ground cargo. Groundbreaking has been moved forward to the middle of 2019.
Along with this new report, new renderings are out, revealing yet more about the design soon to rise. Craft Architects are responsible for the exterior.
Triangle Equities purchased the site in March for $25.4 million. The plan will be a three-story industrial and air cargo spread across 300,000 square feet. The project will be adding much-needed Class-A industrial space to the area around JFK, and help improve commercial logistics for the area. It will, in fact, be the first multi-story air cargo facility to serve the airport’s market.
The building is immediately beside the Belt Parkway, offering immediate transit access, and connection to the combined ports of New York and New Jersey, being the third largest port in the United States.
Tenant occupancy is expected to begin by 2020. Permits for construction have not been filed yet.