July 6, 2020
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.
Get CRE News in 150 words For comments, questions or concerns, please contact Paul Bubny
Submit a Press Release
Get Connect Daily
Connect Conferences