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Approval Advances 1M-SF Queens Project

NEW YORK CITY-Five years after their Flushing Commons proposal was chosen by the city, developers on the Queens project have gotten community board approval.

By Paul Bubny | Updated on April 07, 2010

NEW YORK CITY-Developers on Flushing Commons tell Globest.com they expect the $900-million, one-million-square-foot mixed-use project to get through the public review process by mid-summer. The project cleared its first major approvals hurdle earlier this week when Queens Community Board 7 voted in favor of it, albeit with a list of stipulations attached.

“This has been a long process; we’re five years into it since we were designated” as the development team, says Michael Meyer, president of TDC Development and Construction Corp. After issuing an RFP, the city in 2005 selected a joint venture of TDC and the Rockefeller Group Development Corp. to develop a five-acre site currently occupied by Municipal Parking Lot 1 in Flushing. It will contain a 1.5-acre town square, a 500-unit condominium, 35,000 square feet of retail, a new YMCA, a hotel and a 1,600-space underground parking facility.

Meyer calls the CB7 approval “an extraordinary win for the community. As one of the speakers at the CB7 meeting said the other day, we’ll be bringing Flushing into the 21st century. This is a really unique and vibrant community, not just in New York City but in the entire United States, and Flushing deserves to have this level of quality and this type of open space and mixed-use space.”

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