[NYguy]

Earlier plans...


http://mdeas.com/project/gotham-center/






The site...







The plan...

http://www.prnewswire.com/news-relea...300296431.html

Tishman Speyer is now the largest developer of both commercial and residential space in Long Island City, with more than 1,900 units of housing currently under construction across the street from the office site on Jackson Avenue. Tishman Speyer is responsible for 3.5 million square feet of Long Island City development since purchasing the options to develop both sites in 2003.

"Thanks to the City of New York's investment in the area's infrastructure, enlightened policy decisions and the active support of the New York City Economic Development Corporation, the local community and its elected officials, Long Island City has become a model for 21st Century urban development," Rob Speyer said. "Tishman Speyer is proud to continue our role in unlocking the area's full potential as one of the most dynamic, live-work-play neighborhoods, not just in Queens but in all of New York City."

Deputy Mayor for Housing and Economic Development Alicia Glen said, "This project will be a major job generator for Long Island City. We are focused on growing good jobs across the outer boroughs and meeting the demand for new office space. What rises at this site will not only spur our economy, but make Queens Plaza a more dynamic place to live and work."

The new commercial project, which includes two 27-story towers designed by Raul De Armas of MdeAS Architects, will commence in early 2017 with completion anticipated in 2019. The towers will be connected by a four-story podium featuring a dynamic mix of retail, complemented by a food hall, restaurant, and parking garage, providing valuable amenities to local workers and residents in the vibrant mixed use neighborhood.

Financing, which was arranged by HFF, is being provided by The Bank of the Ozarks.

Qatari Diar's Chief Development Officer, Europe & Americas, Sheikh Jassim Bin Hamad Al Thani added, "We are delighted to be working alongside our partner, Tishman Speyer on the acquisition of this site in Long Island City and this agreement marks a significant milestone. With exclusive retail elements and contemporary office space this new venture will set the standard for mixed-use developments."