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Flushing's $1 Billion Megaproject Finally Breaks Ground

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[Phase 1 vs. the full development]

Queens, it's time to say goodbye to part of that giant municipal parking lot at 39th Avenue and 138th Street; after nearly a decade of delays, the city has finally broken ground on phase 1 of the 1.8 million-square-foot Flushing Commons (it was supposed to break ground in January). The first phase, to be complete by 2017 (fingers crossed!), includes 150 apartments, 220,000 square feet of commercial space, and a 1,000-space underground parking garage, which should ease community concerns about the loss of parking.

The project is being developed by the F&T Group, along with the Rockefeller Group Development Corp. and AECOM Capital. Michael Meyer of F&T told the Daily News the location is "the 57th St. and Fifth Ave. of Queens," and said "it's hard to overestimate how transformational this will be for Flushing."

The second phase will include another 450 apartments, as well as a YMCA, a 1.5-acre open space, and an additional 130,000 square feet of commercial space. If things move along without anymore delays, the whole shebang will be done by 2020; you can compare phase 1 with the complete development in the renderings above.
· Flushing Commons officially breaks ground after years of delays [NYDN]
· All Flushing Commons coverage [Curbed]