YIMBY has word that Tishman Speyer has finalized lease agreements for all 1.2 million square feet of its recently completed office development known as “The JACX,” in Long Island City. While the property has not officially debuted, the building’s list of tenants includes Macy’s, Inc., New York-Presbyterian, Bloomingdale’s, WeWork, and a primary care practice operated by Weill Cornell Medicine.
28-07 Jackson Avenue
Construction has been slow-moving this year for the JACX development in Long Island City, Queens. Two 26-story towers are rising at 28-07 Jackson Avenue and 28-10 Queens Plaza South, and the pair will yield new office space marketed toward the technology sector. Images for the site reveal construction has risen as high as the twelfth floor, an increase of eight floors since January. Tishman Speyer and Qatari Diar are responsible for the development.
Six of the seven subway lines that connect Queens to Manhattan converge at the foot of the Queensboro Bridge, where Queens Plaza meets Queens Boulevard, Northern Boulevard, and Jackson Avenue. There, the elevated Queensboro Plaza station handles the N, Q, and 7 trains, while the E, M, and R serve the underground Queens Plaza stop. The two stations face increasing pressure from steady growth in both Long Island City and the borough as a whole, as well as the impending overflow of Brooklyn commuters displaced by the L train shutdown. The need for a transfer connection between them has become more pressing than ever.
As three residential skyscrapers begin their ascent skyward at 28-10 Jackson Avenue, in Long Island City, renderings for them have finally surfaced per the Wall Street Journal. The towers will stand 43, 45, and 53 stories, respectively, and will together encompass an enormous 1,687,776 square feet. There will be 1,900 residential units and 13,807 square feet of ground-floor retail space. In addition to a slew of amenities, the complex will sport a private 2.5-acre park in the center. Goldstein, Hill, & West Architects is behind the design. Tishman Speyer and H&R Real Estate Investment Trust are the developers.
A rendering has been revealed of Tishman Speyer’s planned two-tower, 1.1-million-square-foot office complex at 28-07 Jackson Avenue (a.k.a. 28-10 Queens Plaza South), in the Queens Plaza section of Long Island City. The towers – dubbed One and Three Gotham Center – will stand 27 stories, or 396 feet, in height. As YIMBY reported in June, new building applications indicate a common four-story base will include roughly 30,000 square feet of retail space, restaurants, a food hall, and a parking garage for cars and bikes. The rendering also depicts an outdoor terrace on the fifth floor. 800,000 square feet of office space in the complex has already been pre-leased. One tenant includes WeWork, which is set to take 250,000 square feet. Another is Bloomingdale’s, which has reserved 550,000 square feet of office space, Crain’s reported. Doha-based Qatari Diar is co-developing the project, while Financial District-based MdeAS Architects is designing. Excavation is expected to begin in early 2017, with completion scheduled for 2019. One and Three Gotham Center will join the 22-story, 700,000-square-foot Two Gotham Center located immediately to the north. Tishman Speyer developed that in 2011.