By Joe Anuta
The city voted to approve the $1 billion Halletts Point project that is slated to bring nearly 2,000 residential units to the Astoria waterfront.
The City Planning Commission voted Wednesday to send the plan, submitted by Lincoln Equities Group, for its final review in the City Council, which has 50 days to make a decision.
“We are very excited that the city has put a stamp of approval on our project and we look forward to continuing to talk to local officials and community members to make Halletts Point a reality. With new housing, shops and a waterfront esplanade, this transformational development will take a neighborhood that has been neglected for years and make it a destination for people from across the borough,” said Brad Groznik, spokesman for the project.
The residential towers would include 1,921 market-rate units, a few waterfront townhouses and 483 affordable units geared toward senior citizens, according to a report in the Wall Street Journal.
The project is situated on 26th Avenue between the waterfront and as far east as 9th Street, and the Astoria Houses development is located on the project’s south side.
Should lawmakers give their stamp of approval, Lincoln Equities hopes to break ground next year, the Journal reported.
Reach reporter Joe Anuta by e-mail at januta@cnglocal.com or by phone at 718-260-4566.
