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Thursday, January 26, 2017

Development in Flushing Brings New Movie Theater

Get excited, Flushing-dwellers! What was once the Flushing Mall, between College Boulevard and Prince Street, will now be a 1.2-million-square-foot development project called Tangram. It will be made up of four 15-or-16-story towers set atop a 225,000-square-foot, two-level retail podium, and will include a movie theater, an Asian-style food hall, and high-end international fashion retail shops. The buildings will also house 300 luxury residential condominium units, 80,000 square feet of office space, a hotel (although a specific one has not been decided) and a three-level parking garage with over 1,000 spots.

The Movie Theater
The addition of a movie theater was a serious consideration in planning the development. Flushing has not had a downtown movie theater since the historic RKO Keith’s Theater closed in 1986. The new theater is anticipated to have between six and eight screens and seating for 500 to 800 people. SCG Retail, one of the developers on the project, is toying with the idea of building “experimental” theaters that could include luxury dining, but there have been no specifics mentioned.
PC: F& T Group

The Food Hall
The new food hall with be a 24,000-square-foot site with 15-30 vendors, which will be decided based on the ratio of sit-down restaurants to stalls. A representative of SCG Retail, Geoff Bailey, explained, “[The food] will be more than just street foods.” The food hall will feature “chefs that are ushering new Asian concepts and other concepts to a new level- brand names, up-and-comers and local people who have strong reputations.”

The Retail Podium
The retail site will feature up to 30 shops in 1,500-square-foot to 5,000-square-foot spaces; there will also be two spaces that will be 10,000-square-feet to 15,000-square-feet. As of now, the retail space has an asking price of $150-200 per square foot. In terms of brands, developers are targeting well-known names such as Coach, Zaria, and White House Black Market, but they are also hoping to bring in retailers from shopping districts in Hong Kong, Tokyo, and Seoul. This portion of the site is expected to open in mid-2018.

While there is a bit of a wait before this site is up and running, you can bet that it will give Flushing and the surrounding area a whole new meaning to the words “luxury” and “entertainment”.

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