Developer National Resources has received a $14 million construction loan for their planned residential building associated with i.Park Hudson, a mixed-use campus featuring offices, retail and apartments in downtown Yonkers. The residential building, UNO, will measure 70,000 square feet and have 96 units, according to the Commercial Observer. Located at 9 Bashford Street, the existing five-story industrial building will be converted and expanded upon by four stories (based off renderings).
Tai Song Lin has filed applications for a five-story, six-unit mixed-use building at 41-14 Haight Street, in Downtown Flushing. The building will total 5,500 square feet, and 1,130 square feet is being allotted for community facility space. A health office and a child daycare are in store, according to the Schedule A. Chang Hwa Tan’s Tan Architect is designing, and an existing two-story home must first be demolished.
L&L Holdings and GreenOak Real Estate have landed a $556 million construction loan for their 47-story, 893-foot-tall office building planned at 425 Park Avenue, in Midtown East. The developers are expanding the existing 32-story building office building to accommodate 670,000 square feet of modern office space. Partial demolition begins this month, and the building is scheduled to open in 2018.
Excavation is imminent for the planned four-story, 46,000 square-foot boutique mixed-use office and retail building at 120 New Jersey 4, in southern Englewood of Bergen County. Dubbed ES4, S.Hekemian Group is developing, and completion of the building is expected by the end of 2016, according to NorthJersey.com. The building is a small portion of a large mixed-use redevelopment project Englewood South, where the developer is also currently constructing an 195-unit residential building.
Cammeby’s International Group has filed applications for a three-story commercial/community-facility building at 614-638 Sheepshead Bay Road and 2831-2843 West 8th Street, on Coney Island. The complex will have 46,350 square feet of community-facility space, and 41,600 square feet of commercial space, which includes retail and offices, according to the Schedule A. The entire building, mechanical space included, will measure roughly 155,600 square feet, and S9 Architecture & Engineering is designing. At No. 638, demolition has begun on an old single-story structure, and a two-story building currently exists at No. 614. A block to the east, the same developer is planning a 40-story mixed-use building at 532 Neptune Avenue.