Simon/CRED/Quadrum – 45-40 Vernon Boulevard Residential Complex – New York - Project Profile
"Simon/CRED/Quadrum – 45-40 Vernon Boulevard Residential Complex – New York - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Simon Baron Development (SBD), Quadrum Global (Quadrum) and CRE Development, Inc. (CRED) are planning to build a residential complex in Long Island City, New York, the US.
The project involves the construction of a residential complex comprising three buildings on 0.3ha of land. It includes the construction of a 28-story residential tower comprising 296 units, an additional 13-story residential tower at 45-24 Vernon Boulevard and an eight-story building along 45th Road, 971m2 of retail space, 24-space car parking garage and other related facilities.
SHoP Architects has been appointed as architect.
In November 2013, SBD acquired the project site for US$14.6 million.
On June 13, 2015, SBD submitted a planning application to New York City Council.
In November 2015, SBD and CRED revised plans to build two towers of eight stories and 13 stories respectively.
In April 2016, the local public opposed the project proposals.
Planning activities are underwayScope
The project involves the construction of a 28-story residential tower comprising 296 units on 0.3ha of land in Long Island City, New York, the US.
The US$50 million project includes the following:
1. Construction of 971m2 of retail space
2. Construction of 24-space car parking garage
3. Construction of other related facilitiesReasons To Buy
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