Arch Companies has topped out its Myrtle Avenue mixed-use project in Ridgewood, Queens, New York. This building has 130,000 square feet of retail space which is approximately 60% pre-leased to big box retailers. There are also 133 residential units across 78,000 square feet, which will include a 30% affordable component under the 421-A program, and 40,000 square feet of parking.
“This building is in a great location, and will deliver much-needed residential units as well as retail amenities to the neighborhood,” said Jeff Simpson, managing partner of Arch Companies. “We are pleased with the construction progress and look forward to completing this building on schedule for delivery next year.”
Arch began construction on the Myrtle Avenue project early in 2021; project delivery is expected in 2023. The façade installation is underway. This building is located just off the L and M lines and is close to the Ridgewood Intermodal Bus Terminal.
