King of Queens: Willets Point Mixed Use Development

(All Images from NYC Economic Development Corporation)

Mayor Bloomberg introduced Willets Point last week – billed as New York City’s next great neighborhood.  Similar to the development around St. Louis’ Busch Stadium dubbed Ballpark Village, Willets Point is an area around Citi Field (Home of the NY Mets) that has been a target for development for several years.  The project is massive and will take nearly 20 years to complete.

(Project Area - Citi Field in Lower Left of Image)

Queens Development Group, a new entity comprised of developers Related Cos. And Sterling Equities will lead the project under and agreement announced with New York CityEconomic Development Corp.