UPDATED, 3:33 p.m., Jan. 22: Property Markets Group unveiled renderings today for their 44-floor 23-10 Queens Plaza South development in the burgeoning Long Island City neighborhood.
The finished product is be a 44-story tower that includes parking spaces, ground-floor retail and two floors of loft office space, according to PMG’s website. The residential portion will have a total of 391 units, a spokesperson for PMG told The Real Deal. SLCE is to be the architect, New York Yimby reported.
Construction is slated to start in late this month on the 340,000-square-foot project, with a completion goal date of 2017, according to the blog.
PMG paid $37 million for a the 27,200-square-foot lot at 23-10 Queens Plaza South and and a 13,920-square-foot parcel at 23-01 42nd Road in December 2012, as The Real Deal reported at the time. [New York Yimby] — Julie Strickland