Flushing Commons Developers Actually Not Breaking Ground in October

Just last week TDC Development International and The Rockefeller Group filed permits to finally start work on the $850 million Flushing Commons project before the city’s deadline of October 31th. Well, it turns out they won’t actually hit their deadline this month. Crain’s reports that the city pushed back the deadline until the end of the year — the developers still need to close on a $20,000,000 property, which is a city-owned parking lot. City Council approved development plans back in 2010. It’s a two phase project that includes apartments, retail space, a YMCA and a park over a 5.5-acre parcel in downtown Flushing. The developer’s first step will be to excavate at the city parking lot for a new garage.

Huge Flushing Commons Project Delayed, Again [Crain’s]
Permits Filed for $850 Million Flushing Commons Project [Q’Stoner]