Shorewood Real Estate Group recently celebrated the commencement of construction at 160-05 Archer Avenue, a 24-story mixed-use development in Jamaica, Queens. Designed by Hill West Architects, the building will officially debut as One Archer Avenue.
“Thanks to community groups such as Greater Jamaica Development Corp and the Jamaica BID and our investors, Capricorn Investment Group and Bridge Investment Group, Shorewood was able to bring this project to fruition,” said Shorewood Real Estate Group’s president and CEO, S. Lawrence Davis.
The structure will measure 326,000 square feet and comprise a mix of rental apartments and associated amenities, ground-floor retail, and an enclosed parking structure for 156 vehicles.
The residential component will comprise 226,895 square feet. This area includes 315 apartments, co-working space, a game room, a fitness center and yoga room, a dog wash, and multiple lounges. Ground-floor retail area will occupy 131,282 square feet of the property.
At this time, the project team has not released renderings or a construction timeline for the project.