Demolition is almost complete at the 11 acre Domino Sugar site, which is being transformed into a mixed-use residential, office, and retail complex by Two Trees, the company that has developed much of DUMBO. Construction of the first building, on a vacant lot bordered by Kent and Wythe avenues and South 3rd and 4th streets, will break ground in the first quarter of 2015. The first building to open will have 500 rental units, including 100 affordable units, and is expected to be completed for move-in by spring 2017.
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The developer has announced plans for the smallest of the three waterfront towers it plans to construct, which will be located at ‘Site A’ on the northernmost parcel of the campus.
The 30-story building at 262 Kent Avenue will be a mixed-use tower rising 320 feet and holding 281,869 square feet, split equally between commercial and residential space.
The building will host about 142,000 square feet of office space on the second through 17th floors in the structure’s north wing -- the most office space within the new towers.
The remainder of the space will be spread out among 93 residential units beginning on the fourth floor of the building’s south wing. Rental apartments will be relatively large, averaging about 1,500 square feet. The tower will also house commercial and retail space on the ground level.
Office space is a key component of Jed Walentas’ vision for the mega-development. Earlier this year, he asked the city for a rezoning of the property, allowing for an additional 382,000 square feet.
The majority of the project’s office space will be housed in the renovated refinery building. Two other buildings planned for the site, while larger, will be more residential-oriented.
