Phoenix Realty Group

147-07 94th Avenue

Mixed-Use Tower With Residential Units And Retail Planned At 147-07 94th Avenue, Jamaica

Phoenix Realty Group and Artimus Construction have acquired a 52-year ground lease for the development site at 147-07 94th Avenue in downtown Jamaica. The property was valued at roughly $34 million, and the development teams plan to build a mixed-use project with residential units and commercial-retail space. The residential units will be a mix of market-rate and affordable apartments.


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