Two Trees’ waterfront park at Domino Sugar Factory mega-project opens

The six-acre park is the first public part of the development to be completed

TRD New York TRD WEEKEND EDITION /
Jun.June 10, 2018 11:05 AM

Rendering of Domino Sugar Park (behind) and Two Trees Management’s Jed Walentas. (Credit: COOKFOX and Michael McWeeney)

There’s a new factory up and running at the site of one of the world’s most prolific sugar refineries; it’s a play structure, designed by Mark Reigelman, inspired by the machinery that used to be operate in the nearby Domino Sugar Factory until 2004.

The new park by James Corner Field Operations stretches out along the Williamsburg waterfront facing the Manhattan skyline in front of the landmarked factory. The public green space opened to the public on June 10 complete with elevated walkways, a taco stand run by Danny Meyer and a brand new themed playground, according to Curbed.

Led by Two Trees Management, the park and larger complex, which will eventually include a renovation to the original factory that still stands and four newly-constructed buildings, is being redeveloped into a 11-acre complex that already includes one residential building, 325 Kent Avenue, which is a rental property that opened last year.

The entire mixed-use project is estimated to cost about $3 billion. In April, M&T Bank, Wells Fargo and JPMorgan Chase purchased $175 million in taxable bonds issued by the New York State Housing Finance Agency for one of the new buildings — a conjoined 42-story residential tower and 22-story office building estimated to run up a bill of $309 million. [Curbed]Erin Hudson


Related Articles

arrow_forward_ios
“5 years ago, people would say, what’s a TikTok?” Bill Rudin on why NYC’s office market may be more resilient than you think

“5 years ago, people would say, what’s a TikTok?” Bill Rudin on why NYC’s office market may be more resilient than you think

“5 years ago, people would say, what’s a TikTok?” Bill Rudin on why NYC’s office market may be more resilient than you think
Clockwise from bottom left: Robert Reffkin of Compass, John Gomes, Scott Rechler of RXR Realty, Rich Barton of Zillow, Gary Keller of Keller Williams and Don Peebles of The Peebles Corporation (Getty)

“America is in crisis:” Real estate leaders address George Floyd protests

“America is in crisis:” Real estate leaders address George Floyd protests
A mass timber project in Cleveland is now under construction and could be the nation’s tallest when completed. Harbor Bay Real Estate Advisors’ Intro development will rise nine stories with 298 residential units (Credit: Harbor Bay Real Estate Advisors)

Mass timber project in Cleveland could be nation’s tallest

Mass timber project in Cleveland could be nation’s tallest
Joy Construction’s Eli Weiss (left), Maddd Equities’ Jorge Madruga (top), and Drew Katz with 20 Bruckner Boulevard in the Bronx (Getty; Google Maps)

“Dream” comes true for long-vacant Bronx ice house

“Dream” comes true for long-vacant Bronx ice house
“We’re not in the business of land-grabbing:” Hana CEO on the future of flex space

“We’re not in the business of land-grabbing:” Hana CEO on the future of flex space

“We’re not in the business of land-grabbing:” Hana CEO on the future of flex space
470 Kent Avenue and Naftali Group’s Miki Naftali (Credit: Google Maps, Gonzalo Marroquin/Patrick McMullan via Getty Images)

Naftali closes on large Williamsburg development site for $100M

Naftali closes on large Williamsburg development site for $100M
Photo illustration of Sen. Brian Kavanagh (Credit: Kavanagh by Albin Lohr-Jones/Pacific Press/LightRocket, Getty Images, iStock)

Lawmakers skip #CancelRent in favor of more modest bills

Lawmakers skip #CancelRent in favor of more modest bills
84 Putnam Ave and 308 N 7th Street in Brooklyn (Google Maps; 308n7)

Brooklyn luxury home sales remain 80% below last year

Brooklyn luxury home sales remain 80% below last year
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...