NEW YORK | Flushing Commons | (4 Buildings) | FLOORS

[MrVenaCava]

Revealed: Flushing Commons

BY: NIKOLAI FEDAK ON FEBRUARY 28TH 2014 AT 6:00 AM

Flushing Commons – image from Perkins Eastman

The 1.8 million square foot redevelopment of Flushing Commons in Queens is about to get underway, and a set of renderings from architect Perkins Eastman reveals the master plan, which will result in four new buildings, and 1.5 acres of open space. A litany of developers are involved with the project, including TDC Development, The Rockefeller Group, AECOM Capital, and Mount Kellett Capital Management.

Curbed reported on the site’s approval at the end of December, and Flushing Commons will be the last legacy development of the Bloomberg administration, which paid $20 million for the municipal parking lot that currently occupies the site. Phase I will include 150 residential units and 220,000 square feet of office space, as well as 1,600 parking spaces, though the last component will be temporary.

Flushing Commons phase I — image from Perkins Eastman

Phase II will be even more impressive; it will add another 450 units, an additional 280,000 square feet of commercial space, a 62,000 square foot YMCA, and another 15,000 square feet for community facilities. The second phase will also include the 1.5 acre town square, which will center around a fountain plaza.

Flushing Commons at full build-out — image from Perkins Eastman

The reveal by Perkins Eastman is promising, and highlights the site’s potential at full build-out; the clear focal point of the development is the public space at the center, which will provide “public gathering and event spaces,” while also enhancing “pedestrian circulation with access from nearby mass transit.”

Flushing Commons — image from Perkins Eastman

The parking component of Flushing Commons will be bulldozed to make way for phase II of the development, further highlighting the project’s positive benefits; it will transform a periphery neighborhood into a truly urban center, where vehicles are not necessary for access. Creating a pedestrian-friendly atmosphere will be crucial to ensuring the plan’s success, and it looks like Perkins Eastman’s vision is the right idea.

Flushing Commons — image from Perkins Eastman

Phase I is expected to be completed by April 2017, and phase II will break ground in 2018, with the entirety of Flushing Commons to be completed by the early 2020s. The cost of the development is $850 million, and the NYCEDC website has additional information.

[chris08876]

[QUOTE]The two buildings that represent Phase I of Flushing Commons topped out on March 18. That includes a 14-story residential condominium building at 138-35 39th Avenue and an 11-story office condominium building at 38-18 Union Street.

Phase II will see three more buildings and a 1.5-acre public plaza constructed.

As for what’s already standing, it has been designed by Perkins Eastman Architects, with landscape work by Thomas Balsley Associates, and built by Tishman Construction.

There are 46 one-bedrooms ranging from 600 to 850 square feet and starting from $900,000, 81 two-bedrooms ranging from 950 to 1,380 square feet and starting from $1.2 million, and 19 three-bedrooms ranging from 1,250 to 2,100 square feet and starting at $1.8 million. There are also two four-bedrooms that are at least 2,200 square feet in area.

That includes 18 penthouses of varying configuration and prices that go upwards of $3 million. Most of the units have already sold and about half of the penthouses have also sold. Closings are expected in the fourth quarter of 2016.[/QUOTE]

NYY

[chris08876]

Pic by me. Taken 6/15/17

[Ctown]

That’s a shot of “CA Plaza” which is currently stopped bc they forgot to get PA approval on height

[Waymond_Womano]

Flushing Commons megaproject readies for its first residents as Phase 1 wraps

[chris08876]

Regal Cinemas to open first movie theater in Downtown Flushing by end of 2019

A huge, 34,000 square foot movie multiplex will open in the heart of a new Downtown Flushing development scheduled to be completed by the end of the year.

Regal Cinemas has signed a 20-year lease deal with real estate developers F&T Group and SCG America to operate within Tangram, a new 1.2 million-square-foot mixed-use development at 135-15 39th Ave.

Construction remains underway at the full-block site with frontage on 37th Avenue, Prince Street, 39th Avenue, and College Point Boulevard.

“Tangram will be a thriving mixed-use development and our theatre will offer a whole new experience for moviegoers in Flushing,” said Jerry Grewe, vice president of Real Estate for Regal. “Along with a state-of-the-art theatre, we are proud to bring the truly immersive experiences of 4DX to Queens.”

Tangram’s seven-screen theatre will feature the latest in groundbreaking cinema technology including 4DX, which allows the audience to connect with movies through motion vibration, and environmental effects such as wind and rain. This will be the first 4DX location in Queens.

Regal will be the first theatre to open in Downtown Flushing in 30 years. Operations were originally slated for South Korea-based CJ CGV, which signed a lease with the developers last year before both sides mutually agreed to part ways.

“Regal is a highly reputable company that understands the nuances of operating in a US real estate market, particularly one as complex as New York City,” said Richard Siu of F&T Group. “Regal came to us as a qualified operator with brand recognition. And, they completely understand the future of Flushing — its energy, draw and potential.”

F&T’s current projects in Flushing include 330,000-square foot, mixed-use development at One Fulton Square, and Flushing Commons — a formerly city-owned 5.5 acre parking structure being redeveloped into 1.8 million square feet of residences, office space, new retail opportunities, community facility space, parking and an open air plaza.

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https://qns.com/story/2019/01/23/regal-cinemas-to-open-first-movie-theater-in-downtown-flushing-by-end-of-2019/

[YIMHudson]

the development of Flushing has been seriously overlooked. One of NYC’s biggest booming neighborhoods. It must’ve been overshadowed by Long Island City.

[chris08876]

Its much bigger than LIC too and booming as well, especially along the transit (rail) lines. Lots in the pipeline along the rails and adjacent parcels next to subway stations. I think its due to LIC building noticeable towers, whereas flushing tends to be below 20 floors most of the time, but they are quite dense developments packed with units.

[abot]

Was curious about the state of this project as it looks like huge upgrade for downtown Flushing (minus the ludicrous 1,600 included parking spots). The only item I found from the past few years was a deed modification for Phase 2 from last year with an updated construction timeline:

Current Phase 2A Requirements:
Construction Commencement Date
June 1, 2022

Proposed Phase 2A:
Construction Commencement Date
24-months from time of deed modification execution, with payment of $1,000,000 fee and $2,250,000 letter of credit posted at time of deed modification execution

Not exactly sure what this means, but clearly this was significantly derailed by the pandemic.