Don't look now, but a new residential development looks to be coming to Long Island City. Unlike many of the recent mega-developments in the neighborhood, this one doesn't appear to be a rental project. George Xu, a local developer who owns a construction company with his brother Chris, is affiliated with the entity known as Murray Park North, LLC, which recently purchased a 10,000 square foot lot located at 11-35 45th Avenue, immediately adjacent to One Murray Park and across the street from Murray Playground.
The new owner paid $5 million for the site, which currently houses a 1-story brick building and a parking lot. Plans submitted to the Department of Buildings last month call for the existing structure to be demolished, with a 30,000 square foot, 70 feet high residential building to take its place.
The proposed building will be six stories high, with 38 units and 24 parking spaces. No renderings have been released yet, but the architect will be Ramond Chan, who has worked on several residential development projects in Queens.
The rendering below is a building he designed in Jackson Heights.