The commercially zoned no man’s land around Flushing Meadows Park and Willets Point has seen a big uptick in development, as longtime property owners prepare for the planned $3 billion redevelopment of the auto body shops next to Citi Field. New building applications were filed today for two properties nearby at 131-10 and 132-32 Avery Avenue, just east of Flushing Meadows Park between 131st Street and College Point Boulevard.
Brownstoner spotted renderings posted on-site at 59-63 North 6th Street, in Williamsburg, where a single-story, 7,500 square-foot commercial building is planned, and was filed with the DOB last November. The development site is vacant, and excavators are on site, so completion can be expected by 2016 if work begins imminently. Flushing-based Victor K. Han is designing.
Real Estate Weekly has revealed renderings of the two-story, 40,000 square-foot retail building being developed by Blumenfeld Development Group at the vacant lot of 925 Hunts Point Avenue, in northern Woodstock along the Bruckner Expressway. Dubbed The Crossing, Studio 5 is designing, and completion is expected in 2016.
SL Green Realty has filed applications for a four-story, 6,020 square-foot commercial building — rising 57 feet tall — at 719 7th Avenue, in Midtown’s Theater District. The job description states the building will be solely for retail, and will feature signage above the roof. TPG Architecture is designing, and the existing three-story building was approved for demolition back in December.
Per The Real Deal, the Salvation Army has sold the development site spanning 176-180 Bedford Avenue, in northern Williamsburg, to Thor Equities for $36.1 million, which equates to $2,500 per square-foot. The site boasts 14,400 square feet of building potential, and undisclosed construction plans will almost surely include a large retail component.
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