Astoria Cove Rezoning Proposed

Tentative sketch of the buildings in Astoria Cove. An undisclosed developer applied to rezone the area in order to build a mixed-use, primarily residential project in the area. (Source: zoning application from the Department of City Planning)

NEW YORK—An undisclosed developer behind 2030 Astoria Developers LLC. filed an application with the Department of City Planning (DCP) on Apr. 25 to rezone a pocket of waterfront industrial land in Astoria, Queens.

The project, referred to as Astoria Cove, would replace industrial buildings in the area with mixed use, primarily residential towers and townhouses. The developer plans to build 1,701 housing units, 20 percent of which will be affordable.

The application mentions adding a 456 seat K-5 school, over 100,000 feet of retail space, and over 140,000 of publicly accessible open space.

The tentative completion date for the project is 2023, according to the zoning application.

DCP will accept comments from the public during a meeting scheduled for May 28.

The project lot lies across the street from Shore Towers, a luxury condominium. Apartments at the Shore Towers have sold for $700 per square foot on average over the past six months, according to StreetEasy.com.

Another proposed rezoning, Halletts Point, lies three blocks west of Astoria Cove. The Halletts Point rezoning proposal is further along in the public review process, with the first public meeting held in December, 2013.