Mixed-use project advances with 2 residential towers

CHICAGO: A study tour is to review a multigenerational, a mixed-unit, mixed-income master-planned community in Long Island City, Queens. Developer TF Cornerstone plans to set aside 60 percent of the apartments in the two-tower development for affordable units for low- to middle-income residents and 100 units for low-income seniors.

The project features two buildings: the 55-story North Tower, which will have 800 units, and the 44-story South Tower with 394 units. The development will have more than 8,900 square feet of retail and 150 parking spaces. The New York City Department of Housing Preservation & Development worked with the School Construction Authority on plans for a 572-seat K-8 school that will be constructed between 2020 and 2023.

Services for residents will include on-site support for seniors provided by Selfhelp Community Services, the oldest and largest organization in North America serving Holocaust survivors. The group will also sponsor events for seniors in the 8,000-square-foot community center that will be run by Sunnyside Community Services and TF Cornerstone. The community center will be used for home healthcare aide training during the day. After 5 p.m. and on weekends, TF Cornerstone will allow the space to be used for civic engagement and programs focused on the arts, wellness, youth and education.

The buildings were designed by ODA Architects with SLCE as the architect of record. The project will be anchored by a 22,000-square-foot public open space designed by Mathews Nielsen Landscape Architects.

The development is receiving funding from the NYC Housing Development Corp. and NYC Department of Housing Preservation & Development as well as lenders Wells Fargo, JP Morgan Chase, M&T Bank and PNC Bank.