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Plaxall Realty proposes rezoning to bring 5,000 new homes to Long Island waterfront

Long Island City property owner Plaxall Realty has recently proposed rezoning an area adjacent to Anable Basin to pave way for a 5.8 million gross sq. ft. mixed-use complex, designed by WXY+architecture+design.

In the proposal submitted to the Department of City Planning, Plaxall seeks to rezone 14.7 acres of land for 5,000 condos and rentals, 335,000 sq ft. of creative production and light manufacturing space, 3.1 acres of public waterfront esplanade and up to 30,000 sq ft. of community area. The project will also include a new 700-student public school outside the complex.

The New York Times, which was first to report about the proposal, revealed that Plaxall plans involves a 70-story apartment tower standing nearly 700 ft. tall. Upon completion, it will become one of the tallest buildings in the outer boroughs and the second major development to be proposed for the area surrounding Anable Basin in 2017. In July, New York City developer TF Cornerstone also unveiled its plans for a development that will include 1,000 mixed-used spaces.

According to Paula Kirby, managing director at Plaxall, the tower and other upcoming buildings would be a “unique opportunity to really make a skyline for the Long Island City.”

If approved, development will be done in phases starting 2020 and ending in 2034. Plaxall’s proposal is still pending approval with a public meeting on Dec.14 with the city to discuss the the rezoning’s potential environmental effects.

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