The developer has acquired the land, and the architectural drawings have been approved. The project is expected to commence in the first quarter of 2025, 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.


Comprising 35,863 square feet of retail space, 63,711 square feet of office space, and 123 residential apartments, the project forms a mixed-use complex. The developer currently holds the land and has received approval for the architectural drawings. Positioned as a significant landmark in the region, the project is meticulously crafted by United Construction & Development Group, one of New York City's renowned top ten developers. Leveraging over 20 years of mature real estate development experience, the group has successfully delivered a series of boutique properties, with a total completed project area exceeding 2 million square feet.

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.
The end of 2028
Project Completion
2027
Building Interiors
2026
Overall structure
1st quarter of 2025
Foundation Construction
Started
Project Started
Project recorded in August 2023
Flushing Waterfront Special Development Plan
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In 2020, the New York City Council approved the Flushing Waterfront Special Development Plan, making it the largest urban planning project in Queens in the past decade. The plan encompasses large-scale residential and commercial development, the construction of public amenities, and environmental management along the waterfront. Through collaborative efforts from the community and various stakeholders, the project's planning and design aim to connect Flushing's city center with Flushing's waterfront, becoming a new landmark for Flushing and Queens.


The total investment for this development plan is estimated to be close to 2 billion dollars, with a completion target before 2030. As a primary participant in this development plan, United Construction & Development Group is committed to creating a more modern, versatile, and livable urban space for the community, contributing to the prosperity and development of the area.

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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.
United Construction & Development Group Media Coverage
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According to a review by Kathryn Brenzel, a special columnist for The Real Deal, United Construction & Development Group ranked 7th among the most active developers in New York in 2018, with 1.5 million square feet of building area and 6 construction projects.


According to The Wall Street Journal in July 2018, Skyline Tower, led by the United Construction & Development Group, successfully secured a total of $502 million in construction loans from a consortium of banks, including JPMorgan, Chase.


According to URBANIZED New York, in 2020, the United Construction Development Group acquired a piece of land in LIC for $13 million and is planning to develop a mixed-use complex consisting of a 9-story building with 71 residential units and 23 parking spaces.


The Real Deal, based on the New York City Department of Buildings' ranking, has selected the top ten most active developers in New York. The United Construction & Development Group, ranked eighth on the list of New York's most active real estate developers in 2022.


Bloomberg News reported in October 2018 that the United Construction & Development Group's flagship project, Skyline Tower, would break the pattern of exclusive high-end apartment buildings in Manhattan and lead the apartment market in Queens.


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