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City Agencies To Review Proposals For The Peninsula Hospital Redevelopment Site In Edgemere, Queens

City agencies will soon review amended proposals to redevelop the former Peninsula Hospital site in Edgemere, Queens into an 11-building mixed-use complex. The development’s final scope of work arrives a year after residents and community members were invited to provide commentary and feedback on initial plans.

The buildings are designed by Aufgang Architects and are spread across 9.3 acres of vacant property. If approved, the development would yield a whopping 2,200 residential units. Over 87 percent or 1,927 of those units would be restricted to households at or below 80 percent area median income. The remaining units would be split between market-rate housing and affordable housing for seniors.

The development would also introduce 72,000 square feet of retail space, including a fitness center and a supermarket, 77,000 square feet of community facilities programmed for medical use, and 24,000 square feet of publicly accessible open space.

The project would be financed through a mix of private investments and funding from government agencies or programs related to affordable housing development. If approvals are granted, the completed complex is expected to wrap construction by 2034.

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NYY