Retail


28-07 Jackson Avenue

Reveal for Two-Tower, 1.1-Million-Square-Foot Office Complex at 28-07 Jackson Avenue, Long Island City

A rendering has been revealed of Tishman Speyer’s planned two-tower, 1.1-million-square-foot office complex at 28-07 Jackson Avenue (a.k.a. 28-10 Queens Plaza South), in the Queens Plaza section of Long Island City. The towers – dubbed One and Three Gotham Center – will stand 27 stories, or 396 feet, in height. As YIMBY reported in June, new building applications indicate a common four-story base will include roughly 30,000 square feet of retail space, restaurants, a food hall, and a parking garage for cars and bikes. The rendering also depicts an outdoor terrace on the fifth floor. 800,000 square feet of office space in the complex has already been pre-leased. One tenant includes WeWork, which is set to take 250,000 square feet. Another is Bloomingdale’s, which has reserved 550,000 square feet of office space, Crain’s reported. Doha-based Qatari Diar is co-developing the project, while Financial District-based MdeAS Architects is designing. Excavation is expected to begin in early 2017, with completion scheduled for 2019. One and Three Gotham Center will join the 22-story, 700,000-square-foot Two Gotham Center located immediately to the north. Tishman Speyer developed that in 2011.


4511 Third Avenue

Reveal for 11-Story, 181-Affordable-Unit Mixed-Use Building at 4511 Third Avenue, Belmont

A rendering has been revealed of the 11-story, 181-affordable-unit mixed-use building planned at 4511 Third Avenue, in the Belmont section of the Bronx. The 294,207-square-foot, thru-block development (consisting of seven- and 11-story components), will host 57,549 square feet of medical space on the ground and second floors and 10,127 square feet of ground-floor retail, as YIMBY reported in February. The rental apartments above, all of which will rent at below-market rates, should average 928 square feet apiece. Amenities include a 128-car garage, storage for 96 bikes, laundry facilities, and multiple outdoor terraces. The SBH Health System (St. Barnabas Hospital, located across the street) will utilize the medical space, as well as operate a 10,800-square-foot terrace geared towards exercise for the building’s tenants.

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11 Bay 20th Street

Three-Story, 17,000-Square-Foot Mixed-Use Commercial Project Planned at 11 Bay 20th Street, Bath Beach

Eric Ho, doing business as an anonymous Brooklyn-based LLC, has filed applications for a three-story, 17,354-square-foot mixed-use commercial building at 11 Bay 20th Street, in Bath Beach. There will be 4,238 square feet of retail space across the ground floor, followed by a 179-child daycare center on the second and third floors. There will also medical offices in the cellar. Timothy Li’s Brooklyn-based TLI Architect is the architect of record. The 60-foot-wide, 5,800-square-foot property is currently occupied by a two-and-a-half-story, three-family house. Demolition permits were filed in May. The 18th Avenue stop on the D train is located a block away.


203 Gramatan Avenue

Construction Wraps on 14-Story, 159-Unit Affordable Mixed-Use Building at 203 Gramatan Avenue, Mount Vernon

Construction is wrapping up on a 14-story, 159-unit mixed-use building at 203 Gramatan Avenue, in downtown Mount Vernon. That’s in southern Westchester County. It’s been dubbed La Port Apartments. All of the units, which range from studios to two-bedrooms, will be rented at below-market rates as affordable workforce housing, Westfair reported. Amenities include a fitness center, a children’s playroom, a media room, a lounge with a pantry, and a 4,000-square-foot rooftop deck. The base of the building will also host 20,000 square feet of retail space, of which Dollar Tree has already leased half. Atlantic Development Group, headed by Peter Fine, and Kenwood Equities are the developers, and GF55 Partners is the architect. After nine years in the development process, completion is expected in the next few months. Peter Fine is also planning a market-rate residential project next to La Porta Apartments, according to the Wall Street Journal.


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