Last we visited the long-delayed Flushing Commons project we announced that it was poised to break ground in March. Now NY YIMBY's Nikolai Fedak has diverted our attention back to the 1.8 million-square-foot development, which just got new renderings from architects Perkins Eastman. The renderings reveal the four buildings and one-and-a-half acres of open space the new development will bring to a former municipal parking lot in Flushing that was purchased for $20 million during the Bloomberg administration. The two-phase project will most importantly bring 600 residential units to the area. Additionally, it will host 500,000-square-feet of commercial and office space, a 62,000-square-foot YMCA and 15,000-square-feet of pedestrian-friendly community space.
The project, which has suffered eight years of delay caused by false starts, back-tracking, beefs, and funding woes, has finally found its footing with developers including The Rockefeller Group, TDC Development, AECOM Capital, and Mount Kellett Capital Management. Phase I of the development is expected to be completed in April 2017, with phase II breaking ground in 2018. The project is expected to be completed in 2020 at a cost of $850 million.
· Revealed: Flushing Commons [YIMBY]
· Flushing Commons [NYNCEDC]
· All Flushing Commons coverage [Curbed]