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 developmentGive_Me_Astoria_image_00028. The project, according to the flyer, will contain 136 apartments, retail space, and a theatreGive_Me_Astoria_image_00028. 

The new building is set to be located on 45th & 46th StGive_Me_Astoria_image_00028. between 23rd AveGive_Me_Astoria_image_00028. and Ditmars BlvdGive_Me_Astoria_image_00028. As for the hearing? That is to take place on October 10th at 6:30PM at the Astoria World ManorGive_Me_Astoria_image_00028.

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