ASTORIA — The City Planning Commission voted unanimously Wednesday to approve zoning changes that would allow the development of a $1 billion residential housing project on the Astoria waterfront.
The proposal by the Lincoln Equities Group would bring 2,161 market-rate and 483 affordable apartments to Astoria's Hallets Point peninsula.
The plan would also create a landscaped, publicly-accessible esplanade that would run along the East River, as well as retail development, including an affordable supermarket.
The developers have said that they are also considering the construction of a public school on the NYCHA campus of the Astoria Houses.
The plan will be up next for a vote in the City Council. If ultimately approved, it would be completed in 2022, the developers have said.
