Thousands of residential apartments, retail space and parkland are one step closer to coming to the Astoria waterfront at Hallets Point, home to the NYCHA Astoria Houses.
On Wednesday, August 21 the City Planning Commission voted unanimously to approve the plan presented by Lincoln Equities Group, the company behind the estimated billion-dollar complex called the Hallets Point project.
In 2012, the development group announced it would build seven multifamily residential towers consisting of 2,200 units. Twenty percent of the apartments will be affordable housing. The location will also include retail space featuring supermarkets, drugstores and restaurants.
A 100,000-square-foot public park, outfitted with pedestrian walkways and bike paths, winding along the waterfront, is also expected to be included.
Robert Schenkel, Lincoln Equities development director previously said the project would bring a positive change to Hallets Points, bringing new housing, an affordable supermarket, a spot for a K-8 public school and a landscaped waterfront path.
The plan will now go before the City Council.
If the plan is approved, construction is expected to begin in late 2014 or early 2015.
RECOMMENDED STORIES
