The city is ablaze with new developments in what’s been called by Forbes the best time to be a real estate developer since 2007. The level of investment opportunity in Queens has attracted the spotlight, and in the first 7 months of 2016, the total square footage of proposed development space counted over 3.5M square feet, almost three times as much as in Manhattan or Brooklyn.

See below the 20 largest projects that have filed for construction permits between January and July 2016.

#1. 566 – 586 Gulf Avenue, Staten Island

Total proposed area: 1,415,000 sq ft

Developer: Staten Island Marine Development

Architect: Marguelies Hoelzli Architecture

The project will consist of two vast warehouses and will be part of a larger industrial complex to be completed by this Texas-based developer, in order to serve a future marine terminal. However, much of the developer’s 676-acre property will be preserved as wetlands.

 

#2. 2810 Queens Plaza South, Queens

Total proposed area: 928,077 sq ft

Developer: Tishman Speyer & Qatari Diar

Architect: MdeAS Architects

This residential and commercial development will include two 27-story towers and is set to be completed in 2019. Tishman Speyer and its financial backers will invest a total of $700M in the project, according to TRD.

 

#3. 2303 44th Road, Queens

Total proposed area: 855,411 sq ft

Developer: Stawski Partners

Architect: GHW Architects

Currently a derelict industrial property in northeast Hunters Point, the plan for this address is to be turned into a condo development comprised of 921 units. There are no public renderings so far, but see above a 2013 Street View image of the location.

#4. 2315 44th Drive, Queens

Total proposed area: 779,958 sq ft

Developer: United Construction & Development Group

Architect: GHW Architects

 

#5. 270 Richards Street, Brooklyn

Total proposed area: 645,103 sq ft

Developer: Thor Equities

Architect: Adamson Associates 

 

#6. 460 West 128th Street, Manhattan

Total proposed area: 428,105 sq ft

Developer: Janus Property

Architect: HOK

 

#7. 443 East 162nd Street, Bronx

Total proposed area340,678 sq ft

Developer: Blue Sea Development

Architect: Danois Architects

 

#8. 3020 Northern Boulevard, Queens

Total proposed area: 315,626 sq ft

Developer: Alma Realty

Architect: P Georgopoulos Architect PC

 

#9. 1 Clinton Street, Brooklyn

Total proposed area: 294,773 sq ft

Developer: Hudson Companies

Architect: Marvel Architects

 

#10. 25 Park Row, Manhattan

Total proposed area265,658 sq ft

Developer: L+M Development Partners

Architect: Cook Fox Architects

 

#11. 45 Broad Street, Manhattan

Total proposed area: 257,225 sq ft

Developer: Madison Equities & Pizzarotti Group

Architect: CetraRuddy Architecture

 

#12. 263 South 5th Street, Brooklyn

Total proposed area: 243,196 sq ft

Developer: Charney Construction&Development & Tavros Development Partners & 1 Oak Development

Architect: Fogarty Finger Architecture

 

#13. 4511 3rd Avenue, Bronx

Total proposed area: 242,964 sq ft

Developer: St. Barnabas Hospital &  L+M Development Partners & Hornig Capital

Architect: Dattner Architects

 

#14. 5211 111th Street , Queens

Total proposed area236,200 sq ft

Architect:  Rossetti

 

#15. 13345 41st Avenue, Queens

Total proposed area226,569 sq ft

Developer: Monadnock Development 

Architect: SLCE Architects

 

#16. 2420 Amsterdam Avenue, Manhattan

Total proposed area: 214,012 sq ft

Developer: Youngwoo & Associates

Architect: Marvel Architects

 

#17. 147 East 86th Street, Manhattan

Total proposed area: 203,157 sq ft

Developer: Ceruzzi Properties  & Stillman Development  & Kuafu Properties

Architect: HOK

 

#18. 540 Fulton Street, Brooklyn

Total proposed area: 173,963 sq ft

Developer: Jenel Management 

Architect: Marvel Architects

 

#19. 8948 164th Street, Queens

Total proposed area: 166,885 sq ft

Developer: Bluestone Organization & First Jamaica Community Urban Development Corp

Architect: GF55 Partners

 

#20. 1185 Broadway, Manhattan

Total proposed area: 164,389 sq ft

Developer: Flag Luxury Properties

Architect: Rafael Vinoly

 

Leave a Reply