Kimco is bringing a 244-unit, mixed-use project to Flushing

Project to span more than 300K sf

TRD New York /
Jan.January 07, 2019 02:30 PM

A rendering of 46‐15 Kissena Boulevard (Credit: S9 Architecture via YIMBY)

Kimco Realty plans to build a more than 300,000-square-foot, mixed-use building in Flushing, Queens.

The developer filed plans for 46‐15 Kissena Boulevard, calling for 244 residential rental units spanning across 244,000 square feet and another 58,000 square feet for retail, New York YIMBY reported. Between 25 and 30 percent of the apartments will be affordable. On the second floor of the building, space is being set aside for a 15,675-square-foot community center.

Meanwhile, Flushing has been awash with new residential condo developments. In addition to units at Flushing Commons, three of the priciest Queens condo filings last year were in the neighborhood. That includes Century Development Group’s plans for a 101-unit residential, hotel and retail development at 134-37 35th Avenue and Pinnacle Group’s plans to convert a 144-unit rent-stabilized building at 142-20 Franklin Avenue into condos, with an average unit price of around $524,000.

Kimco’s project, which is named the Kissena Center and will replace an existing shopping center, is being designed by S9 Architecture.

Property records show that Kimco purchased the property in 2007 from the National Birchwood Association for $14 million. [Yimby] — Kathryn Brenzel

Related Articles

An example of roll-off waste management (Credit: YouTube, iStock)

Big building owners prevent city from dumping container-pickup in trash-collection reform

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

California passes landmark rent control law

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

Embattled Prodigy Network CEO Rodrigo Niño to step down

The Watchtower building at 25 Columbia Heights, CIM Group’s Shaul Kuba (right) and LIVWRK’s Asher Abehsera (Credit: Wikipedia, CIM Group, and LinkedIn)

JPMorgan leads $335M refi for CIM and LIVWRK’s Watchtower renovation

The construction giants catching a Windy City windfall