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

Starbucks has already signed letter of intent for the Queens site

TRD 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
HelloFresh’s NYC HQ (Courtesy of Industry City, HelloFresh by Eric Laignel)

HelloFresh inks Industry City deal for content studio

HelloFresh inks Industry City deal for content studio
A rendering of the Climate Solutions Center with Trust for Governors Island CEO Clare Newman and Mayor de Blasio (Rendering via WXY architecture + urban design/bloomimages; Governor's Island; Getty)

Going green: Governors Island could soon house climate center

Going green: Governors Island could soon house climate center
Nightingale’s Eli Schwartz and 111 Wall Street (Credit: Google Maps)

Nightingale, Wafra seek $860M to redevelop 111 Wall Street

Nightingale, Wafra seek $860M to redevelop 111 Wall Street
The Real Deal founder and publisher Amir Korangy and Massey Knakal founder Bob Knakal

JLL’s Bob Knakal on the future of New York

JLL’s Bob Knakal on the future of New York
Greystone Development CEO Thomas Ryan and an image of the project (Courtesy of James Hooker, Greystone)

Greystone eyes $40M-plus for Park Slope luxury apartments

Greystone eyes $40M-plus for Park Slope luxury apartments
(iStock)

Banks see CRE loans delinquencies hit 5-year high

Banks see CRE loans delinquencies hit 5-year high
Clockwise from left: 950 University Avenue in the Bronx, 27-55 Jackson Avenue in Queens, 149 Pioneer Street in Red Hook and 416 Metropolitan Avenue in Williamsburg (Google Maps)

EB-5 investor snags Hunters Point resi development: Mid-market sales report

EB-5 investor snags Hunters Point resi development: Mid-market sales report
Ed Adler and Wendy Silverstein (Getty)

Wendy Silverstein, Ed Adler launch loan restructuring biz

Wendy Silverstein, Ed Adler launch loan restructuring biz
arrow_forward_ios

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

Loading...