TwitterLinkedIn

Movie theater likely to be incorporated as part of new development on Queens Blvd

01.11.17
Share

January 11, By Hannah Wulkan


Rendering

A movie theater will likely be moving in to a brand new office building in Sunnyside.
Developers of the nine story building going up at 38-01 Queens Boulevard are in talks with a major movie theater chain to move in to the building, according to David Koptiev, owner of Platinum Realty, which is developing the property with Curbcut Urban Partners and RW Real Estate Group.


38-01 Queens Blvd (pre-demolition)

Koptiev said that the movie theater would likely occupy the first two floors of the building, or about 37,000 square feet. He would not specify which movie theater company is likely to occupy the space due to the confidential nature of their talks.

“There aren’t really any movie theaters in the Queens Boulevard corridor,” Koptiev said. “There’s a huge gap between Long Island City and Rego Park without a theater, so it would be a good addition to the area.”

The development of the building, called the QB38 Tower, was announced about a year ago after Curbcut Urban Partners purchased the property for $12,070,000 and partnered with Platinum.

The rest of the building will primarily hold state of the art medical offices and community facility space, Koptiev said.


Center Cinemas

The building will also have outdoor terraces and a 140-space parking garage in the building.

Koptiev said the building would tentatively be completed and open in about two years.

The announcement comes two years after Center Cinemas, which was located at 42-17 Queens Blvd, closed.

The Commercial Observer was first to break the story.



To view full article click here.