Local officials from the Town of Mount Pleasant unanimously approved zoning amendments that will facilitate the construction of North 80, a three-million-square-foot science and technology village. Located in Valhalla, a hamlet within Westchester County, the development will take shape next to the Westchester Medical Center, New York Medical College, and near the expansive Regeneron Pharmaceuticals complex.
The 11th-tallest building on our December construction countdown is 343 Madison Avenue, a 49-story commercial skyscraper in Midtown East, Manhattan. Designed by Kohn Pedersen Fox and developed by Boston Properties, the 844-foot-tall structure will yield 750,400 square feet of office space, ground-floor retail, and multiple cellar levels. The steel-framed building will rise from a plot bound by East 45th Street to the north, East 44th Street to the south, and Madison Avenue to the west.
Permits have been filed for a seven-story mixed-use building at 600 Crown Street in Crown Heights, Brooklyn. Located between Albany Avenue and Troy Avenue, the lot is near the Utica Avenue subway station, serviced by the 2, 3, and 4 trains. Chaim Drizin of Preminger Land LLC is listed as the owner behind the applications.
At number 12 on our year-end countdown of the tallest buildings under construction in New York is 27-48 Jackson Avenue, a 69-story residential skyscraper in Long Island City‘s Court Square district and the future tallest building in Queens. Designed by Perkins Eastman and developed by Building Orchard LLC, the 811-foot-tall structure will yield 635,000 square feet with 818 units, as well as 11,700 square feet of retail space and a two-story parking garage. Triton Construction Company is the general contractor for the property, which is alternately addressed as 43-01 Queens Street and located along Jackson Avenue between Queens and Orchard Streets.
Construction has partially topped out 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. March Associates Construction is the general contractor for the project, which is located between Borden Avenue and Newton Creek. HLW is the designer of the studio facility within the building.