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Welcome Downtown Jamaica offers the most advantageously positioned and lowest priced major real estate development opportunities in New York City. The 368-block September 2007 rezoning of Jamaica (click here for a map of the zoning changes) has unlocked the Downtown's potential for major real estate development. With the recent completion of New York's futuristic $3 billion Air Train, which links all JFK Airport terminals directly to a new $350 million terminal in Jamaica, Greater Jamaica Development Corporation is turning Downtown Jamaica into a gateway between America's most important city and its largest airport. “Transit-oriented development” is the key to turning these unique locations into a hub of easily accessible economic development opportunities. New businesses that move into many areas of Downtown Jamaica can also benefit from generous Empire Zone tax credits, and GJDC can help new and existing businesses gain access to other business incentives. In the next few years, a major hotel and retail mall, as well as top quality commercial space, will be developed in Downtown Jamaica to support uniquely situated commerce connected to JFK. New housing already underway—and in the planning stages—will support this development. We invite you to join us in this opportune season of growth. |
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Current Opportunities For Bid information on GJDC's LIRR Underpass Project click here:
Developers out to fill big hole Daily News November 4, 2008 (PDF) The economic downturn may be pushing the city close to recession, but Queens appears poised for a building boom in convention centers. Plans are in various stages of development to build convention centers or conference space in five neighborhoods of Queens ... Public Spaces and Infrastructure: Lifeblood of Jamaica's Revival Queens Business Today October 2008 (PDF) Infrastructure. It's a term that doesn't generate the kind of excitement as a new office building, retail mall, or housing development might. Public facilities such as roads, highways, mass transit systems, public plazas, and parks are often taken for granted -- at least until they ... Queens Courier October 30, 2008 (PDF) The Greater Jamaica Development Corporation hosted its 2008 Gala and 41st anniversary to celebrate Jamaica's promising and sustainable future. This year's honorees were John Loftus, P.E., President of Perini Civil Construction; Elliot G. Sander, Exec. Dir. and CEO, MTA; and State Senate Minority Leader Malcolm A. Smith ...
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