Seven New Residential Projects Underway in Astoria

Local operators should anticipate years of heavy construction activity as major residential developments move forward.

Updated on Oct. 28, 2026 in Construction

Seven New Residential Projects Underway in Astoria

Live Poll

Is the rapid growth of new residential apartment buildings in your neighborhood a positive change?

Developers are currently advancing seven major residential and mixed-use projects in Astoria. These initiatives include a mix of new construction and planning phases ranging from 6 to 26 stories, with completion dates stretching through 2028.

Why it matters

The concentration of high-density residential and mixed-use development in Astoria represents a major shift in local building capacity and neighborhood density. This surge in construction activity directly alters the local demand for labor and materials while signaling a significant change in the neighborhood inventory.

The seven projects range from 6 to 26 stories in height, with individual developments reaching as many as 234 units. One project at 31-03 37th Ave. alone secured a $45.6 million construction loan to fund its development.

The players

3103 Milo Enterprises LLC

A property development entity currently managing residential construction financing in Astoria.

The details

Construction teams are currently working through site preparation phases, including demolition of existing low-rise structures and active excavation and piling work. The shift toward mid-to-high-rise residential buildings creates localized demand for heavy machinery and specialized subcontractors. These projects will transform the local landscape by replacing lower-density sites with several hundred new residential units, requiring coordinated staging and logistics in the densely populated Astoria area.

November 2026: 31-03 37th Ave. building will likely top out.
2027: Completion of 37-04 34th St. building.
Fall 2027: Completion of 36-31 31st St. building.
Winter 2027: Completion of 31-03 37th Ave. building.
First half 2028: Completion of 32-16 38th Ave. and 38-12 33rd St.

Market Landscape

This cluster of activity follows the city's long-term housing density projections for the Astoria area. The rapid transition from low-rise structures to multi-story buildings marks a major escalation in the neighborhood's urban development pace.

Operators in the area should prepare for extended site logistics and potential disruptions caused by heavy excavation and piling activities. Firms should also monitor the pipeline for new sub-contracting opportunities as these seven projects move from foundation work to vertical construction.

The takeaway

The rapid scale-up of residential construction in Astoria signals a sustained period of heavy equipment and labor demand in the area. Business owners should monitor project milestones through 2028 to track local capacity shifts and emerging procurement opportunities.