Skanska has signed a contract with FedEx Ground to construct a new distribution facility for Fedex at 55-90 48th Street in Maspeth. The contract includes paving, the abatement and demolition of three unoccupied buildings and the construction of a new 28,000 square meter (301,000 sq ft) two-story distribution facility. The building will feature administrative office space on the ground level and a precast concrete access ramp for second-level employee parking. The exterior precast façade will include 45 truck loading bays. Construction began in May 2021 and is scheduled for completion in September 2023.