The Astoria waterfront will soon be transformed thank to several megaprojects coming to the neighborhood. One of those, Hallets Point, has been in the planning stages for some time now, but as of today work has officially begun with a groundbreaking (finally) happening at the site.
The groundbreaking was originally planned for last October, but the Durst Organization, which gained a 90 percent stake in the site in 2014, confirmed that the ceremony will happen today at 10am. (h/t DNAInfo) Work is then scheduled to begin on a building located near First Street and 26th Avenue, according to DNAInfo.
The massive megaproject will see the creation of more than 2,000 units of both market-rate and affordable housing, along with a supermarket, a waterfront park, and a school. Dattner Architects is working on the design, and the entire project is expected to span more than 2 million square feet. But even with the groundbreaking, completion is still a long ways off—it would take at least five years, if not longer, to finish.
· Massive Hallets Point Project to Break Ground in Astoria Thursday [DNAInfo]
· Durst Family Buys Megaproject Site at Hallets Point [Curbed]
· All Hallets Point Coverage [Curbed]