In 2014, King’s USA Group acquired the two-story, 100,000-square-foot commercial building – dubbed Assi Plaza and located at 131-01 39th Avenue, in Downtown Flushing – for $54.6 million. Now, the developer is filing applications for a new two-story, 165,337-square-foot building with 58,349 square feet of commercial space, a storage component, and staging areas for transporting goods. Perkins Eastman would design the 51-foot-tall structure, but the new filings come just before the area could get rezoned. Last fall, YIMBY brought you the latest details on the Flushing West Rezoning and the site in question, located between College Point Boulevard and Flushing Creek, is at the center of the proposal’s special waterfront district. In other words, the site could eventually accommodate mixed-use buildings of up to 10 or 14 stories. Plans for the site are probably not set in stone, and the rezoning’s public review process is expected to kick off this spring. Permits to demolish the existing commercial building were filed in February.
Back in April 0f 2015, the Department of City Planning selected Brooklyn-based Monadnock Development to build an all-affordable residential building with commercial space at the parking lot at 133-45 – 133-55 41st Avenue, in Downtown Flushing. Now the developer has filed applications for the project, which will rise 10 stories and contain 232 residential units. The new building, dubbed One Flushing, will encompass 286,193 square feet, and ground-floor commercial-retail and community facility space will total 28,864 and 13,872 square feet, respectively. Apartments will begin on the second floor and should average 792 square feet apiece.
Property owner Wai Li has filed applications for a four-story, 7,810-square-foot commercial building at 131-34 41st Avenue, in Downtown Flushing, located six blocks from the Main Street stop on the 7 train. The new building will boast 7,360 square feet of commercial space and will have warehouse space on the ground floor, office space on the second and third floors, and a “caretaker apartment” on the fourth floor. Flushing-based John C. Chen Architect PLLC. is the architect of record. The project would rise on a 45-foot-wide lot which is currently occupied by a two-story auto shop business. Demolition permits have not been filed yet to knock it down.
Last week, sales for the second tower at The Grand at Sky View Parc launched with $85 million worth of contracts, according to Curbed. The project includes three residential towers totaling 750 condo units, and will be built atop a previously constructed retail podium and parking garage at 135-14 Roosevelt Avenue, in downtown Flushing. Construction is underway for the first two towers, with completion expected in late 2016. The first tower is already 95 percent sold. Onex Real Estate Partners is developing and the interiors are being designed by Peter Clewes’ architectsAlliance.
Wang Chun Hua, as Z & W of New York LLC, has filed permits for a new seven-story, 30-unit mixed-use building at 139-20 34th Avenue in Flushing. That’s between Leavitt Street and Union Street, about a 15-minute walk from the 7 train at Main St. The 69-foot-tall project would cover 27,611 square feet with residential square footage of 19,936. That means units averaging about 665 square feet. There would be five units each from the second to the seventh floor. The first floor would have 7,675 square feet of community facility space for a day care for ages two to six. There would also be parking for 20 cars and 15 bicycles. Cheng-Yang Lee is the applicant of record. Demolition permits were issued earlier this year for the two-story house occupying the site.