28 Jun Halletts Point and Atlantic Yards on New York City’s Megaproject List
Curbed recently released an guide outlining some of New York City’s biggest projects that are renovating neighborhoods in the city. Two notable U.S. Immigration Fund EB-5 projects, Halletts Point and Atlantic Yards, were included in the “megaproject” list. These projects among others are constructing new neighborhoods and adding thousands of apartments to the city. Fresh attractions, retail and experiences characterize these neighborhoods and continue to attract people to New York City.
Halletts Point is a 2.4-million-square-foot waterfront project in Astoria. The development is the future location of brand new park space, thousands of apartments, retail and park space. Many of the apartments are marketed below the market rate and will be home to its first residents this year.
Atlantic Yards is part of the Pacific Park project that is set to span 7 blocks, 22 acres and 7.8 million square feet of residential, retail, restaurant and public space. Included in the plans is a 500-foot+ residential tower, the tallest in the entire project.