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Welcome Downtown Jamaica offers the most advantageously positioned and lowest priced major real estate development opportunities in New York City. The 368-block September 2007 rezoning of Jamaica (click here for a map of the zoning changes) has unlocked the Downtown's potential for major real estate development. With the recent completion of New York's futuristic $3 billion Air Train, which links all JFK Airport terminals directly to a new $350 million terminal in Jamaica, Greater Jamaica Development Corporation is turning Downtown Jamaica into a gateway between America's most important city and its largest airport. “Transit-oriented development” is the key to turning these unique locations into a hub of easily accessible economic development opportunities. New businesses that move into many areas of Downtown Jamaica can also benefit from generous Empire Zone tax credits, and GJDC can help new and existing businesses gain access to other business incentives. In the next few years, a major hotel and retail mall, as well as top quality commercial space, will be developed in Downtown Jamaica to support uniquely situated commerce connected to JFK. New housing already underway—and in the planning stages—will support this development. We invite you to join us in this opportune season of growth.
Click here to download the 2009 Chairman's Report.
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News Reggae series brings big acts to Jamaica TimesLedger July 8, 2010 (PDF) Jamaica streets have been filled with the sounds of lively reggae music and the organizers of the outdoor event are just getting started to jazz up the neighborhood. The Greater Jamaica Development Corp. will hold it's final show this Thursday as part of its reggae concert series with a ... Jamaica projects on track: Developers TimesLedger May 27, 2010 (PDF) A weak economy may have delayed two projects aimed at improving downtown Jamaica, but developers said they are still moving forward with their plans. The Greater Jamaica Development Corp. updated Community Board 12 May 19 about three developments that are in various stages. ... Artist opens exhibit that poses boro foreclosure solution TimesLedger May 20, 2010 (PDF) The foreclosure crisis has devastated hundreds of thousands of families in southeast Queens who worked hard to purchase their first homes, and while government agencies and banks try to find an economical solution to the problem, artist Michael Premo said he has found a ...
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