NEW YORK CITY-After years in the making, the $850 million Flushing Commons project has moved a step closer to fruition. Developers TDC Development International and the Rockefeller Group—who eight years ago announced plans to convert a 5.5-acre, city-owned parcel in Queens from a municipal parking lot into a mixed-use complex—have filed their first permit to start construction with the Department of Buildings.

The pair requested approval to spend $3.5 million to modify the parking lot for the project's first phase, which includes construction of about 160 residential units and 350,000 square feet of retail or commercial space, according to Crain's New York Business. It also will include a YMCA and park. Another 450 residential units and 150,000 square feet of retail or commercial space are slated for the second phase of the project, for which no starting date has been set. Rockefeller declined to comment, and TDC and the Department of Buildings could not be reached by press time.

Under the contract signed between the developers and the city, TDC and Rockefeller are required to break ground by Oct. 31. But of course, such a large project has met its share of opposition. Community Board 7, which oversees Flushing, has criticized both the city and the developers for keeping them uninformed about the project since 2005, when the developers won a request for proposal, sponsored by the city's Economic Development Corp., to redevelop the parking lot site, Crain's reports. The Flushing Commons project then took five years to work its way through the city's land use review process. That concluded in 2010 when the City Council approved the project. But then things went back to being a little too quiet for the community board's taste.

"After the city gave them the go-ahead, we never heard from them," Eugene Kelty, chairman of the community board, tells Crain's New York. "I think they should have had either a semi-annual or quarterly meeting [with us]."

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.