11-acre parking lot near JFK marketed as a shopping center redevelopment

Starbucks has already signed letter of intent for the Queens site

New York /
Aug.August 30, 2017 03:11 PM

A place to park cars near JFK International Airport could transform into a place to sip coffee, buy groceries and shop.

Linx Industries is pitching its 11-acre site by JFK to supermarkets and stores, according to the New York Post. The site is located on the east side of Rockaway Boulevard just southeast of its intersection with Brookville Boulevard and straddling Queens and Nassau County.

Schuckman Realty TRData LogoTINY is marketing the site as a 75,000-square-foot project built on five acres to avoid damaging nearby wetlands. A supermarket anchor tenant would be expected to pay between $40 and $45 per square foot for the site, and Starbucks has already signed a letter of intent.

At the beginning of the year, officials revealed details of a $10 billion renovation plan for the oft-maligned airport,  which would include expanding, redeveloping and relocating terminals, as well as cutting down on traffic congestion by redesigning major roads leading to JFK. [NYP] Eddie Small


Related Articles

arrow_forward_ios
East Hampton Town Supervisor Peter Van Scoyoc and 350 Pantigo Road (Zillow, Getty, Town of East Hampton)
Hamptons town could buy former department store land to build homes
Hamptons town could buy former department store land to build homes
Napa Valley hot-air-balloon business lists for $12M
Napa Valley hot-air-balloon business lists for $12M
Napa Valley hot-air-balloon business lists for $12M
A photo illustration of the proposed Lower Platte River Corridor (Getty, Plan Preserve Play NE)
Nebraska lawmakers mull digging $1B recreation lake
Nebraska lawmakers mull digging $1B recreation lake
From left: Silverstein Properties CEO Marty Burger; BedRock Real Estate Partners co-founder Tracey Applebaum; Council member Julie Won; a rendering of Innovation QNS in Astoria (Getty, BedRock Real Estate Partners, New York City Council)
Council approves Silverstein, BedRock’s $2B Innovation QNS
Council approves Silverstein, BedRock’s $2B Innovation QNS
Illustration of Stefan Soloviev (HaydenSoloviev, CC BY-SA 4.0, via Wikimedia Commons, Getty)
Soloviev bets long-dormant Midtown East site in casino sweepstakes
Soloviev bets long-dormant Midtown East site in casino sweepstakes
CHIP's Jay Martin and HCR Commissioner RuthAnne Visnauskas (Getty)
Lies, damn lies, and statistics: Did rent-stabilized vacancies really fall?
Lies, damn lies, and statistics: Did rent-stabilized vacancies really fall?
PulteGroup's Ryan R. Marshall and RedFin's Glenn Kelman (PulteGroup, RedFin, Getty)
Wall Street is bidding up housing stocks again
Wall Street is bidding up housing stocks again
Empire Capital Holdings' Josh Rahmani, Hakimian Capital's Michael Hakimian, RXR's Scott Rechler and 1330 6th Avenue (Getty, Hakimian Capital, Empire Capital Holdings, 1330aofa.com)
Empire Capital, partners close on $320M deal for 1330 Sixth Ave
Empire Capital, partners close on $320M deal for 1330 Sixth Ave
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...