The first tower of Two Trees’ 3-million-square-foot Domino Sugar Refinery Master Plan has officially topped out. The building, 325 Kent Avenue, broke ground in the spring of 2015 and was rising past its third floor back in April of this year. Now, the two-winged structure towers in the air at 189 feet with 16 stories, and will ultimately host 500 rental units throughout 400,000 square feet of space. Located one block inland from the East River waterfront, it is bound by Kent and Wythe avenues and South 3rd and 4th streets, and its first residents are expected to begin moving in next summer.
Some of the apartments have been reserved as affordable units for qualifying New Yorkers who can apply though a lottery that has just launched, as first reported by 6sqft. Now through November 29th, applications can be submitted for 104 affordable studio to two-bedroom units, and more details can be found here.
Some of the apartments have been reserved as affordable units for qualifying New Yorkers who can apply though a lottery that has just launched, as first reported by 6sqft. Now through November 29th, applications can be submitted for 104 affordable studio to two-bedroom units, and more details can be found here.
Designed by SHoP Architects, the $200 million development features a 5-story redbrick base, topped by two setback, metal-sheathed wings, and will also feature a central courtyard. The building’s bulk gradually descends in scale, and its base will host space for several retail stores, parking, and some of the residential amenities (the rest will be located on the top floor).
Expected to be complete next year, 325 Kent Avenue will hold the title of Williamsburg's second largest residential building. 2 North 6th Street, which topped out in March, will reign as the largest with a height of 398 feet and 554 rental units.
The entire Domino Sugar Factory Redevelopment will ultimately feature 2,300 apartments, 500,000 square feet of commercial space, and a new school. Despite the new perks and additions the development will bring, the developers have done much to ensure that the site's history will not be forgotten. The quarter-mile long public waterfront park, designed by James Corner Field Operations, will incorporate some of the sugar processing plant’s artifacts. In the summer of 2014, the development also hosted a tribute to the problematic and weighted past of sugar production, in the form of Kara Walker’s giant sugar sculpture, “A Subtlety”. Completion for the entire development is expected within a decade.
Contributing Writer
Katy Cornell
Katy Cornell is a Long Island native with a passion for writing about real estate in the big city. She recently graduated from the University of Virginia with a BA in English and is a frequent contributor to CityRealty's Market Insight and NYC real estate blog 6sqft.
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