F&T Group

$2 Billion Flushing Waterfront District Development Gets Green Light

Last week, the New York City Council approved a Flushing waterfront development set to cost $2 billion. The massive mixed-use project, which includes housing, commercial retail and office space, and hotel lodging, is being developed by a joint partnership between United Construction & Development Group, F&T Group, and Young Nian Group. The master plan, designed by Hill West Architects, will develop 29 acres of land bound by Flushing Creek, Northern Boulevard, College Point Boulevard, and Roosevelt Avenue, as well as upgrade the neighborhood’s public waterfront access.

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Ten Questions With The Developers Of The Special Flushing Waterfront District Master Plan, in Flushing, Queens

Under the consortium of “FWRA LLC,” developers Richard Siu of F&T Group, John Liang of Young Nian Group LLC, and William Xu of United Construction & Development Group recently announced plans for the Special Flushing Waterfront District, a major redevelopment in downtown Flushing, Queens. Designed by Hill West Architects, the master plan would transform an underdeveloped swath of land bound by Flushing Creek, Northern Boulevard, College Point Boulevard, and Roosevelt Avenue into a mixed-use community, while simultaneously restoring and upgrading the neighborhood’s public waterfront access. YIMBY reached out to the development team with ten questions on what’s to come for the project.

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38-18 Union Street

Flushing Commons’ 11 Story Office Building Rising At 38-18 Union Street, Flushing

Towards the end of August, the New York Times provided an update on Flushing Commons, a 1.8-million square-foot mixed-use development underway in downtown Flushing, and now Commercial Observer has the latest news on the project. The first phase includes an 11-story, 164,000 square-foot office building at 38-18 Union Street, and steel is now at the third floor above street level, with the structure expected to be complete by November 2016. F&T Group, The Rockefeller Group and AECOM Capital are developing, and Perkins Eastman is designing.


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