Thursday, January 7, 2016

Another Mega-Project to Rise in Downtown Flushing

While the Willets Point Redevelopment project is nearing construction, progress is also imminent at another major development site across Flushing Creek, dubbed Two Fulton Square. Developer F&T Group, which constructed One Fulton Square, and is working on the huge Flushing Commons project, is preparing to construct Two Fulton Square on the site at of the old Flushing Mall at 133-15 39th Avenue in downtown Flushing.

Two Fulton Square is a Flushing mega-project that includes residential, office and commercial space.

The project is the latest exciting development to come to downtown Flushing, and will play an important part in the growth and development of the surrounding area.

Two Fulton Square will be constructed in two phases;  The first phase of construction will bring a 13-story condominium building with 192 units. The new building will include more than 190,000 square feet of residential and retail space.

The second phase will include construction of 200 additional condominiums, a 200,000 square foot commercial component for entertainment and international retail, plus a 240-room themed hotel.

The project will be built atop of a three-level glass retail podium, and feature expansive roof-top outdoor gardens and an indoor swimming pool located on the top floor of the tower with spectacular views of the Manhattan skyline, accessible only to hotel guests and residents.

Building amenities will include a fitness center, a game room, daycare center and a laundry facility. The developers are also building a 377-car garage on the property.

The plaza at Two Fulton Square provides a public space for local events and gatherings, bringing the community together through concerts, family activities, and cultural festivals, in addition to the expansive shopping experience that the retail spaces will provide.

The new plans follow completion of F&T’s One Fulton Square, designed by architect Daniel Margulies, which is one block away.

It includes 43 condominiums, a 10-story and 168-key Hyatt Place, and a three-story retail podium, totaling over 346,000 square feet.

F&T Group is presently updating its plans to make full-use of the site’s potential.

Two Fulton Square will be significantly larger, and will nearly occupy two entire blocks. The retail podium will dominate the streetscape, though cut-throughs will open up the entirety of the site to pedestrian access.

F&T’s plan will be a major improvement compared to the parking lots and low-rises that are currently on-site, and multiple levels of outdoor space will activate the development’s significant retail component, energizing the surrounding neighborhood.
 
The buildings will appear drastically different depending on the viewing perspective; vantage points will reveal undulating structures uncharacteristic of new construction in Flushing.

Elevated parks will be interspersed throughout the complex, and solar panels will sit prominently atop the high-rise component.

Phases I and II are designed to link with waterfront luxury residential towers with pedestrian bridge access to Willets Point, CitiField and the USTA National Tennis Center.

The Willets Point’s redevelopment presents a significant opportunity for Queens, and current plans for Two Fulton Square are no less than impressive. Both projects promise to revitalize a stagnant area of Flushing.

No completion date has been announced for Two Fulton Square.



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