Hunter’s Point South is a proposed mixed-use, middle-income housing development situated on approximately 30 acres of prime waterfront property in Long Island City, Queens. Up to 5,000 housing units, 60 percent of which will be affordable to middle income families, are expected to be developed on the site.
Phipps Houses, Related Companies, and Monadnock Construction have been selected to complete Phase I construction of the project. This includes two mixed-use buildings of more than 900 housing units and roughly 20,000 square feet of new retail space. 100 percent of the housing in this phase will be for low, moderate and middle-income families. Other additions will include five acres of new waterfront parkland, a new school, new retail space, and parking. Phase I construction is expected to finish in 2014.
The new housing units are a part of Mayor Bloomberg’s $7.5 billion New Housing Marketplace Plan to build and preserve 165,000 units of affordable housing over ten years - the largest municipal affordable plan in the nation.
In addition to housing, the Hunter’s Point South will also include retail space, community/cultural facilities, school space, parking and a new continuous waterfront park.