The Garage Condominium at - Massey Knakal Realty Services
The Garage Condominium at - Massey Knakal Realty Services
The Garage Condominium at - Massey Knakal Realty Services
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thE FUtURE FLUShINg<br />
Flushing has seen a significant increase in development in recent<br />
years, transforming the neighborhood into a commercial center.<br />
Recently, the 407,000 sqf Queens Crossing was close to completion<br />
in the new epic-center of Downtown Flushing. Not far, Queens<br />
Botanical Garden Visitor & Administr<strong>at</strong>ion Building opened to a<br />
grand fanfare as the first LEED Certified public building in NYC.<br />
Sky Parc Center (3.2 million sqf) – 800,00 sqf retail anchored by<br />
Target, Home Depot, Best Buy, Staples, Bed B<strong>at</strong>h & Beyond, and<br />
Marshall’s and 1,100 residential units (current)<br />
Extension of #7 Subway costing $2.1 billion will make it possible<br />
for a non-transfer trip from Main Street Flushing to Manh<strong>at</strong>tan’s far<br />
West Side (current)<br />
Flushing’s historic RKO Keith’s <strong>The</strong><strong>at</strong>er is a new 17-story building<br />
with 200 residential units. <strong>The</strong> the<strong>at</strong>re’s grand lobby will be<br />
preserved (planned)<br />
Flushing Commons (1.9 million sqf) will cost $411 million – 2,000<br />
car parking, 50,000 sqf recre<strong>at</strong>ional center, 200-room hotel, 500<br />
residential units, 350,000 sqf retail, 20,000 sqf community/cultural<br />
space, and 15,000 sqf small professional space (planned)<br />
Flushing W<strong>at</strong>erfront – the City adopted the W<strong>at</strong>erfront Access<br />
Plan for the Flushing River in 1998. <strong>The</strong> development of the<br />
esplanade includes new walkways, sitting areas and bicycle p<strong>at</strong>hs<br />
(planned)<br />
Queens College Residential Complex – A $63 million plan for 450<br />
to 550 students to live in the dorm and also include added parking<br />
spaces for up to 200 cars (planned).<br />
Willets Point Redevelopment Initi<strong>at</strong>ive – A $3 billion project to remake a 75-acre site <strong>at</strong> Willets<br />
Point, Queens, along the Flushing River just east of Shea Stadium with mixed-use development<br />
totaling about 1 million sqf of retail space,a hotel, and a convention center (planned)<br />
Strong residential demographics, the echo boomers, new immigrants and retiring baby boomers<br />
will gener<strong>at</strong>e residential demand in Flushing. Flushing is one of the areas of Queens with large<br />
immigrant popul<strong>at</strong>ions which are showing signs of growth th<strong>at</strong> far outpace the city’s overall growth<br />
r<strong>at</strong>e. New residential projects are built to meet this grwoing demand.<br />
MAJOR CURRENT RESIDENTIAL DEVELOPMENTS<br />
Sky Parc View (1,100 units) – This is the next phase to Sky Parc Center which is completing in<br />
2009 with a 800,00 sqf retail anchored by Target, Home Depot, Best Buy, Staples, Bed B<strong>at</strong>h &<br />
Beyond, and Marshall’s.<br />
Unnamed residential building on 41st Road (52 units) – A 133,9928 sqf, 14-story building currently<br />
under construction.<br />
I<br />
II<br />
III<br />
IV<br />
V<br />
NEIGHBORHOOD DESCRIPTION<br />
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