Thursday, October 2, 2014

Colossal Five-Tower Astoria Cove Project Closer to Construction

Astoria Cove’s plans for a massive apartment complex with more than 1,700 residential units, nearly 54,000 square feet of retail space, a new public school and a waterfront esplanade won over the City Planning Commission. The proposal by 2030 Astoria Development includes 1.7 million-square-foot residential development in five residential towers, to be built on an industrial site along the Astoria waterfront. The project received approval from the Department of City Planning in April. Now the final say is up to the City Council, which is expected to vote on Astoria Cove in late November.

The Astoria Cove project, along with the Hallets Point Redevelopment will transform a gritty waterfront stretch of Astoria off Roosevelt Island.

Astoria Cove calls for more than 1,700-units of housing in a combination of 8-story townhouses, and waterfront towers rising between 12 and 30-stories.

Plans also include 117,000-square-feet of retail space, a new school and a public park.

Hallets Point will add an additional 2,200 units of housing and a supermarket to the Astoria waterfront, as well as an esplanade along the East River.

The twin projects have been generously planned in terms of public passive recreation and would be a boon for the city.

The East River waterfront would get a major facelift to accommodate eateries and increase public access. 

Astoria Cove would bring 345-units of affordable housing in a combination of townhouses and towers along 26th Avenue, between 9th and 4th Streets.

The inland buildings would top out at 8-stories, while the apartment buildings near the water would rise between 12-30-stories.

The development would include public access to the waterfront, a 25,000-square-foot supermarket, and 117-square-feet of retail space with a 456-seat elementary school.

The developer is also exploring options for a residents-only shuttle service to and from the 30th Street N/Q station, about a mile away.

It's one of two major housing developments proposed for the Hallets Point peninsula — a chunk of land that juts out into the East River, just south of Astoria Park - a stretch of the waterfront that is largely desolate except for the NYCHA Astoria Houses, which takes up the other half of the Hallets Point peninsula. 

The peninsula certainly needs development.  Presently, the site is a mix of vacant lots and underused industrial structures. Area residents welcome the new amenities development would bring — particularly schools and supermarkets — as long as they were accessible to NYCHA residents as well.

Visit Our Sponsors

Page Views

Since October 1, 2011