The developer has acquired the land, and the architectural drawings have been approved. The project is expected to commence in the first quarter of 2026, with completion and delivery planned for 2028, significantly minimizing potential risks during the development phase.
The Janet Place Ⅰ is part of the Flushing Waterfront Special Development Plan, a large-scale regional development project jointly promoted by the New York City government and the developer. This plan has become the largest urban planning initiative in Queens in the past decade.
The third-party escrow account to oversee the flow of funds, authoritative project lawyers and economists ensure compliance, the project is comprehensively insured, providing joint assurances for the safety of investors' investments and minimizing potential risks and uncertainties, have resulted in the successful delivery of the project and its long-term stable operation.
With nearly 30 years of experience in the real estate industry, United Construction & Development Group has been recognized as one of the Top 10 developers in New York City for five consecutive years. They have developed over 90 properties and are currently engaged in projects under construction exceeding three million square feet.
Project Introduction
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The Janet Place Ⅰ is a rare TEA (Targeted Employment Area) project in New York, catering to the visa quota requirements of the new immigration policies. Situated in the heart of Flushing, the bustling core of the most popular Chinese community in New York City's Queens borough, it is located adjacent to Manhattan, the world center. The project is approximately 8 miles from Times Square in Manhattan, accessible via multiple modes of public transportation, including subway and buses.

Project Address          39-02 Janet Place, Queens, NY 11354

Land Area          38,109 square feet

Residential Units          123 units

1B1B                33 unites

2B2B                78 units

3B2B                12 units

Parking Spaces              218 spaces

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The project has been completed foundation construction, and it is expected to be delivered in the end of 2028.
2029
Project Pre-sale
2028
Interior Decoration Completion
2027
Main Structure Topped out
Q1 2026
Foundation Works
Project recorded in August 2023
Special Flushing Waterfront District
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In 2020, the New York City Council approved the Flushing Waterfront Special District Plan. This plan, the largest urban planning initiative in Queens in the past decade, encompasses large-scale residential and commercial development, public amenities, and waterfront environmental remediation. Through the joint efforts of the community and property owners, the project's design integrates Flushing's downtown core with its waterfront, positioning it to become a new landmark for Flushing and Queens.


Chapter 7 - Special Flushing Waterfront District (FW)

The Metropolitan Park & Willets Point Development Plan: Forging a New Era of Prosperity
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Located at the heart of Citi Field, the USTA Billie Jean King National Tennis Center, and the planned world-class soccer stadium, the Metropolitan Park project is set to attract a significant influx of visitors and drive the development of surrounding communities. It is expected to generate $1 billion in community benefits for Flushing and adjacent areas.
As another key initiative by the municipal government to boost Flushing's economic growth, the Willets Point Community Revitalization Plan has successfully secured $360 million in funding for its first phase, which is scheduled for completion by the end of 2027.
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丨Crafted by one of New York's TOP Constructors
After nearly three decades of relentless effort and continuous exploration, United Construction & Development Group has become one of the largest real estate developers in New York City. Its founder and president, Jiashu Xu, has been continuously acquiring and developing new projects, rapidly expanding the company's investment portfolio. The company has extensive experience in the management and development of commercial, residential, hotel, and retail properties. The company has established close relationships with local community partners, contractors, and suppliers. These partnerships go beyond business and actively contribute to community development. United Construction & Development Group always adheres to a responsible attitude and principles of sustainable development, striving to create a better future for the community.
30 yr. of Real Estate development experience in NYC
Top 10 Developers in NY for 5 consecutive years
Over 90 developed properties
4 million sq.ft. in developing building area
United Construction & Development Group Media Coverage
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The Real Deal Mar 7th, 2024

Chris Jiashu Xu buys again in Long Island City

Developer Chris Jiashu Xu has made another significant acquisition in Long Island City, continuing his streak of investments in the area. Xu's latest purchase further cements his growing presence in one of New York’s most rapidly developing neighborhoods, as he seeks to capitalize on the area's transformation.
The Real Deal May 25th, 2023

Chris Xu Acquires Rego Park Development Site for $70M

Queens developer Chris Jiashu Xu has purchased a development site at 93-30 93rd Street in Rego Park for approximately $70 million. This acquisition from Vornado Realty Trust, led by Steve Roth, comes at a 15% discount from the original asking price of $82 million.
The Real Deal July 5th, 2022
United Construction and Development Group Ranked the 8th Most Active Developer in NYC in 2022
According to the list of New York's Top 10 Most Active Developers selected by the New York City Department of Buildings, United Construction Development Group ranked eighth in 2022, with 709,000 square feet of newly approved construction area and four approved projects.
URBANIZED New York April 13rd, 2022
United Construction and Development Group is planning a nine-story mixed-use in LIC
In 2020, United Construction Development Group acquired a parcel of land in Long Island City for $13 million and is planning to develop a nine-story mixed-use complex featuring 71 residential units and 23 parking spaces.

The Real Deal Dec 28th, 2020
United Construction and Development Group Ranked the 10th Most Active Developer in NYC in 2020
The Real Deal Dec 18th, 2019
United Construction and Development Group Ranked the 4th Most Active Developer in NYC in 2019
Rising 778 feet, the Skyline Tower residential project will be the tallest building outside Manhattan upon completion. United Construction Development Group ranked fourth on New York City's 2019 list of most active developers, with 2.4 million square feet of construction area and seven projects.
The Real Deal Dec 27th, 2018
United Construction and Development Group Ranked the 7th Most Active Developer in NYC in 2018
Bloomberg Oct 25th, 2018
Queens Gets Its First Billion-Dollar Condo Tower, With 802 Units
Skyline Tower is set to disrupt the pattern of high-end condominiums being an exclusive domain of Manhattan and lead the Queens' condominium market.

The Wall Street Journal July 8th, 2018
Soaring Condo Project Coming to Long Island City
Skyline Tower, led by developer Chris Xu, is a 67-story project that marks a milestone in Queens' residential development. Securing a $502 million construction loan from a group of banks, including JPMorgan Chase, highlights the growing interest in this new condo market​​.
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