HUNTERS POINT — A developer is hoping to restore the old Paragon Paint Factory, where it's planning a new 28-story apartment tower as part of a project that will also include park space and another 13-story residential building on the same block.
According to the plans filed with the Department of Buildings, the 28-story tower on the former factory lot on Vernon Boulevard and 46th Avenue will stand 295 feet tall and contain 296 apartments, and will have retail on the first floor as well as parking in the cellar.
A portion of the rear of the Paragon building will be demolished as part of the overhaul, DOB records show. But SHoP Architects, which is designing the project, said the majority of the old building will remain and will be restored and combined with the new 28-story apartments.
The LIC Post first reported on the plans.
As part of the same development, another 13-story residential building will be built a few doors down at 45-24 Vernon Blvd., what is currently a one-story warehouse. According to DOB records, it will have 48 apartments, as well as retail on the first floor.
The project will also include a public park, though details of its exact location was not immediately available.
The proposal would greatly reshape the Long Island City block, which is currently made up of mostly low-level buildings, including the old paint factory itself — recognizable for its pea green hue — which is four stories high.
Since the location is zoned for manufacturing, the developers plan to file for a variance with the city's Board of Standard and Appeals in order to build residential units.
The developer referred all questions to SHoP Architects.
