Construction has topped out on The Orchard, an 823-foot-tall residential skyscraper at 42-22 Orchard Street in Long Island City, Queens. The 69-story structure is now officially the tallest structure in the borough, taking the title from the Skyline Tower at 23-15 44th Drive.
The Durst Organization recently announced that Pueblo Querido Coffee Roasters, a Colombian coffee proprietor and restaurant, has opened its first Queens location on the ground floor of Sven, a residential tower at 29-37 41st Avenue in Long Island City, Queens. Pueblo Querido is joining Finback Brewery and ACA Acupuncture and Wellness, the other ground-floor tenants of the 71-story property.
Construction is nearing completion on The Borden Complex, a five-story industrial building at 23-30 Borden Avenue in Long Island City, Queens. Designed by KSS Architects for Innovo Property Group, which acquired the property for $75 million with Atalaya Capital Management and Nan Fung Group, the 166-foot-tall structure will span 840,000 square feet and house logistics and warehouse space featuring truck courts, a distribution center, two stories of film and television studios, office space, and on-site vertical parking. Earlier this summer, IPG closed on a $435 million loan from Starwood Property Trust and JPMorgan to refinance the development. The development is located on a large parcel between Borden Avenue and Newton Creek.
Construction has begun at 49-18 Vernon Boulevard, the site of a five-story mixed-use building in Long Island City, Queens. Designed by Gerald J. Caliendo R.A., A.I.A. Architect and developed by V&F 4918 LLC, the structure will yield an undisclosed number of residential units and ground-floor retail space. The property is located at the corner of Vernon Boulevard and 50th Avenue.
