New 8-story mixed-use building set to come to town

Have you seen this around?

A printed flyer has been making its way around mailboxes throughout the neighborhood calling for attendance to rally against the construction of a new 8-story mixed-use development. The project, according to the flyer, will contain 136 apartments, retail space, and a theatre. 

The new building is set to be located on 45th & 46th St. between 23rd Ave. and Ditmars Blvd. As for the hearing? That is to take place on October 10th at 6:30PM at the Astoria World Manor.

What do you think? Are these new developments bringing positive or unwanted change to the neighborhood?