By JON CRONIN
Home Depot has filed a permit with the city’s Department of Buildings to knock down the old Coca-Cola bottling plant on Borden Avenue in Maspeth.
The big-box home-improvement giant filed the permit to demolish the two-story structure on Aug. 30. The permit states that the demolition will be completed with handheld equipment and mechanical means.
The permit is the only movement at the site since Home Depot bought it last year, when the retailer surprised the neighborhood with the $63 million purchase of the plant and its accompanying 7.3-acre property, which is located at 59-03 Borden Ave.
Matthew Harrigan, a spokesman for Home Depot, said that the retailer plans to start the demolition this year and have a store opened at the site by 2020.
The land had been owned by the Kaymac Corporation, which will not renew Coca-Cola’s lease in 2020. The soft-drink conglomerate has been bottling its beverages at that location since the 1950s.
According to an article in the Real Deal that appeared in August 2017, the property, located near the Long Island Expressway, has 316,200 buildable square feet with a 202,000-square-foot warehouse that could be torn down—or the big-box store could renovate it.
Stephen Holmes, a spokesman for Home Depot, said that the average size of a Home Depot store is approximately 104,000 square feet with an additional 35,000 square feet for an outside garden facility. Its Manhattan stores are almost the same size, at a little under 100,000 square feet.
Holmes had confirmed in 2017 that Home Depot occasionally buys land, builds a store and then leases it to other retailers.
Regarding leasing to other retailers, Holmes said, “There are no specifics at this point.”
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