45-19 Davis Street Update 04/17/23

Foundation Work in Progress at 45-19 Davis Street

Foundation work is currently underway for a 17-story mixed-use building, getting ready to rise at 45-19 Davis Street in Long Island City, Queens. Developed by 

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, the building will contain
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rental apartments and
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square feet of commercial space. This would likely come in the form of ground-floor retail. Plans also call for a cellar level and an enclosed parking garage, with enough room for
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vehicles.

Designed by 

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, the structure will stand
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feet tall and total
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square feet.
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, the building arm of ZD Jasper, is serving as the general contractor for the project, and back in November, BHI and Valley Bank jointly issued a $52.5 million loan in order to finance all construction costs.

Construction is expected to complete by the Summer of 2024. The lot measures

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square feet and sits directly next to 45-30 Pearson Street; a recently completed, 25-story residential tower, which is also being developed by
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.

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