Downtown Jamaica development is continuing to climb – 24 stories up– with a new, 210-room hotel.
The hotel will be built at 93-43 Sutphin Boulevard, across the street from the Jamaica Long Island Rail Road station, the E and J subway lines and the John F. Kennedy International Airport AirTrain.
The $35 million project is another addition in the efforts to develop downtown Jamaica.
“No other neighborhood in New York offers the convenience of a wide array of commercial and retail outlets, combined with subways, the Long Island Rail Road, buses and the AirTrain providing quick and easy access to [the] airport just a 10-minute ride away,” said Carlisle Towery, president of the Greater Jamaica Development Corporation (GJDC).
GJDC owns a portion of the site with the financial support of the Port Authority of New York & New Jersey. Another portion is owned by the Metropolitan Transportation Authority (MTA). The MTA’s Finance Committee and the full board both approved of the hotel proposal last week.
The hotel, complete with a full-service restaurant and ground floor retail space, will be built and managed by Able Management Group, a Long Island-based developer. Able Hotels has agreed to pay $4.5 million to purchase the entire property.
“The location is well-suited for a hotel,” said Viral Patel, Able Hotels CEO. “We look forward to successful completion of the project and becoming part of the downtown Jamaica business community.”
Patel also said the group is “excited about this project and furthering the vision set forth for downtown Jamaica by GJDC.”
Legal steps will be taken to finalize the contract with Able Hotel, said a GJDC spokesperson. If all goes well, construction is scheduled to start in the first quarter of 2014.