71-12 Park Avenue Update 10/03/24

50-Story Dual-Tower Project Set to Rise in Kew Gardens Hills

Construction will soon commence on a massive, dual-tower, residential development, at 71-12 Park Avenue in Kew Gardens Hills, Queens.

Developed by , and known as "Utopia Living", the building will consist of a 50-story rise and a 42-story rise, connected by a single podium. The development will contain rental apartments and an extensive tenant amenities suite.

Amenities are to include indoor and outdoor swimming pools + hot tubs, a fitness center, a landscaped community garden, a rooftop clubhouse, a business center, a relaxation lounge, a lobby lounge with a complimentary coffee bar, a children’s playroom, a reading room, a music room, an arcade & billiards room, party rooms with kitchenettes, movie screening rooms, and private dining rooms. Plans also call for an enclosed parking garage and a bicycle storage area.

Designed by , with to serve as the general contractor, the structure will stand approximately 1.28 million square feet. Construction is estimated to finish by December of 2028. The project is being developed under an immigrant investor program called EB-5. This program allows foreign nationals to invest in U.S. businesses in exchange for a permanent stay in the United States.

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