July 6, 2020 Comments Off on Development Group Plans $2B MXU in Astoria Views: 678 New York News, Outer Boroughs New York, Top New York

Development Group Plans $2B MXU in Astoria

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A development consortium including Silverstein Properties released plans for a $2-billion housing and commercial project adjacent to the Kaufman Arts District in Astoria.

Known as Innovation QNS, the plan would contain 2,700 units of mixed-income housing, 200,000 square feet of retail and another 250,000 square feet for “small businesses, startups and nonprofits in the creative industries,” according to the developers. The team also includes Kaufman Astoria Studios, and ODA Architecture is handling the design.

Also incorporated into the plan would be two acres of open space, an arts and culture hub, enhanced streetscapes and a potential grammar school site.

The Innovation QNS developers, who own or control the property within the largely dormant five-block zone, hope to begin the city’s land use review process to rezone the M1 commercial district for residential use by late 2020 or early 2021. 

Rendering courtesy of ODA Architecture.

Read more at Queens Eagle

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