News Summary
Flushing, Queens will soon see a significant transformation with a new 14-story mixed-use building set for construction at 35-20 College Point Blvd. The project will encompass 120,000 square feet and feature 156 residential units, including 47 affordable apartments targeted at households earning 80% of the area median income. In addition to residential spaces, the development will provide 6,200 square feet of commercial space and a community facility, fostering a vibrant local community while enhancing the waterfront landscape along Flushing Creek.
Exciting New Mixed-Use Development Coming to Flushing, Queens
Flushing, Queens is gearing up for some major changes as developers have just unveiled plans for a fabulous new 14-story mixed-use building located at 35-20 College Point Blvd. This project is shaping up to be a game-changer for the neighborhood, covering a whopping 120,000 square feet and featuring 156 new apartments!
A Home for Everyone
Among the 156 apartments, there will be a specific commitment to affordability – with 47 units set aside for households earning 80% of the area median income. That’s right, Flushing is making sure that these homes are accessible to a diverse group of residents. The breakdown of the apartments is appealing too, consisting of 50 studio apartments, 74 one-bedroom apartments, and 32 two-bedroom apartments. With this mix, there’s something for everyone, whether you’re a young professional, a couple starting out, or a small family looking for a cozy new abode.
Building a Community
But that’s not all! The new development isn’t just focused on residential space. It’ll also include a substantial 6,200 square feet of commercial space, offering opportunities for local businesses to thrive. Plus, there’s a 2,000-square-foot community facility planned, making this center not just a place to live, but a hub for community activities too. And for those who need a place to park their cars, there will be 58 parking spaces available.
One of the standout features of this new project is its commitment to enhancing the local landscape. Developers are set to expand the shore public walkway along Flushing Creek, promoting outdoor activities and providing residents with beautiful waterfront views to enjoy. Who doesn’t want a peaceful stroll by the water’s edge?
Progress in Flushing
The property has been in the hands of CPB Realty since 2016 when they purchased it for $5.3 million. Until now, the site has been home to a variety of one- to two-story buildings filled with industrial and commercial tenants, including a hardware store and a cabinetry contractor taking up a total of 9,800 square feet.
With this change on the horizon, Flushing is poised to transform drastically. The new residential development proposal aligns perfectly with ongoing trends in Queens where new developments are popping up everywhere. This isn’t just an isolated project; it’s part of a larger vision for the area, which includes exciting developments like affordable housing ventures linked to a proposed casino near Citi Field, championed by New York Mets owner Steve Cohen.
Special Rezoning in the Works
To make this ambitious project a reality, the developers are seeking to include the building in the expansion of the Special Flushing Waterfront District Rezoning, a plan that was enacted in 2020. This rezoning aims to encourage smart growth and cooperative development in the rapidly changing landscape of Flushing, ensuring that the neighborhood thrives while meeting the needs of its residents.
As Flushing continues its transformation, the new mixed-use development at 35-20 College Point Blvd stands to redefine the area, making it an even more vibrant and livable community for all. So, whether you’re looking forward to new shopping options or dreaming of a new apartment by the creek, there’s a lot to be excited about in Flushing!
Deeper Dive: News & Info About This Topic
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