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

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

Judge Janet DiFiore and Judge Rowan Wilson (Credit: iStock, New York State Courts)

High court decision has tenants stewing, landlords oohing

Sharif El-Gamal (Photo by Desiree Navarro/WireImage)

WATCH: Developer Sharif El-Gamal has Covid-19. But he’s one of the lucky ones

Prince Realty Advisors founder David E. Ash and 123 Hope Street (Credit: Google Maps)

HUBBNYC buys Williamsburg mixed-use building for $84M

Knotel CEO Amol Sarva 

Another huge round of layoffs for Knotel

Miki Naftali, Steven Witkoff and Ryan Freedman

TRD Talks: How developers are contending with coronavirus

The Gretsch at 60 Broadway in Williamsburg. (Credit: Douglas Elliman via StreetEasy)

Williamsburg pad hits market for almost $9M

Governor Andrew Cuomo (Photo by Spencer Platt/Getty Images; iStock)

Cuomo’s foreclosure, mortgage moratorium has no teeth

From left: Realogy's Ryan Schneider, Cushman & Wakefield's Brett White and Newmark Knight Frank's Barry Gosin (Credit: iStock)

Brokerage stocks plunge amid market turmoil