June 7, 2010 / 9:04 PM / 9 years ago

New York City planning approves $1.5 billion Domino development

NEW YORK (Reuters) - The New York City Planning Commission on Monday approved a $1.5 billion redevelopment of the Brooklyn waterfront’s Domino Sugar refinery site, saying it will create thousands of jobs and redefine the area.

The project includes 2,200 units of housing, including 660 affordable units, four acres of open space, 143,000 square feet of community facility space, and office and retail space.

“The New Domino project will revitalize an 11-acre vacant and inaccessible waterfront site and adaptively re-use the recently landmarked sugar Refinery Building,” City Planning Commissioner Amanda Burden said.

“This development will, for the first time, create a significant publicly accessible open space along the quarter-mile South Williamsburg waterfront that has been closed to the surrounding community for decades,” she said.

The proposal passed by the commission includes a 50-foot reduction in the height of the northernmost building on the waterfront parcel, overlooking Grand Ferry Park, to cut back on any shadow over the park.

The project will now go before the New York City Council for final approval.

Reporting by Edith Honan

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