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New renderings released for 2-20 and 2-21 Malt Drive in Hunters Point, Queens

New renderings have been unveiled for 2-20 and 2-21 Malt Drive, a three-tower complex in the Hunters Point South master plan in Hunters Point, Queens. Designed by SLCE Architects and developed by TF Cornerstone, the project consists of a 34-story, 390-foot-tall, 575-unit structure at 2-20 Malt Drive and a two-tower building at 2-21 Malt Dive with a 38-story, 440-foot building tall tower and a 25-story, 310-foot-tall sibling tower together house 811 units. The project will span 1.43 million square feet and provide 1,386 rental units, 30 percent of which will be dedicated to affordable housing, as well as approximately 25,000 square feet of retail space. SCAPE Landscape Architecture is the landscape architect for the master plan, which will be developed on a subdivided site bounded by 54th Avenue to the north, Newtown Creek to the south, and 2nd Street to the west.

The main image above is an aerial perspective looking west toward the East River and Midtown, Manhattan. All three towers are surrounded by lush new landscaping along the newly landscaped Malt Drive and the adjacent Hunters Point waterfront. The second rendering below is a street view of Malt Drive, which will run east to west at the center of the master plan. The street name is a nod to the site's history as a sugar cane processing plant and beer distribution center.

Rendering courtesy of Binyan Studios.

The third rendering shows the southern section of the new waterfront with a curved walkway, seating, large boulders along the edges, an outdoor children's playground and views of the Lower Manhattan skyline further down the East River.

Rendering courtesy of Binyan Studios.

The final rendering offers a view of a rooftop swimming pool surrounded by bushes and glass walls.

Rendering courtesy of Binyan Studios.

Exterior work on the project has progressed significantly since our last update in December, when most of the upper halves of the towers were still exposed. Current photographs show the light and dark masonry that encloses all three reinforced concrete structures, as well as the grid of the floor-to-ceiling windows.

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

The shortest portion of the development will have 12,500 square feet of retail space, with 785 to 3,057 square feet for each tenant, while the tallest of the three buildings will have two retail spaces at 4,969 and 7,395 square feet.

Last year, TF Cornerstone received $725 million in construction loans to complete the project. Wells Fargo provided $418 million for 2-21 Malt Drive and PNC Bank provided the remaining $307 million for 2-20 Malt Drive. Other contributors include M&T, Bank of New York, TD Bank, Bank United and City National Bank.

Residential amenities at 2-20 Malt Drive include on-site parking on the lower floors of the podium, a mail and package room, bicycle and residential storage, a shared laundry room with an adjacent outdoor patio, a children's playroom with a patio, a fitness center, an outdoor pool, and a combined heat and power plant. Select units have private outdoor space.

2-21 Malt Drive will feature residential storage, a mailroom and package room, first and third floor bicycle storage, multiple laundry rooms, a fitness center, recreation rooms with outdoor patios, an outdoor children's playground and 40 on-site parking spaces.

Completion of 2-20 and 2-21 Malt Drive is scheduled for the fourth quarter of 2024, according to local information. YIMBY last reported that the project is expected to receive the first certificates of use in the second quarter of 2024.

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