NEW YORK CITY-Two big mix-used projects crossed the approvalsprocess finish line Thursday as the City Council gave its blessingto Flushing Commons in Queens and the New Domino on the Brooklynwaterfront. Approvals on both projects were tied to modificationsrequested by council members.

|

In the case of Flushing Commons, being developed by a jointventure of the Rockefeller Group and TDC Development andConstruction Corp., the council sought and got a number ofconcessions, mainly from the Bloomberg administration. They’reintended to benefit local merchants, who have spoken out againstthe project on grounds that construction and the loss of parkingcould disrupt their businesses. Among the $6-million package is$2.25 million for marketing and advertising support through theFlushing Small Business Assistance Plan.

|

The five-acre parcel on which the $900-million,1.2-million-square-foot project will be developed currently is thesite of Municipal Parking Lot 1. It will contain a 1.5-acre townsquare, a 500-unit condominium, 35,000 square feet of retail, a newYMCA, a hotel and a 1,600-space underground parking facility. Anadjacent 140-unit affordable housing development, Macedonia Plaza,is sponsored by the Macedonian African Methodist EpiscopalChurch.

|

In late June, the council’s Land Use Committee and Subcommitteeon Zoning gave unanimous approval to CPC Resources’ $1.2-billionproject to redevelop the former Domino Sugar factory, paving theway for Thursday’s vote by the full council to complete the city’sUniform Land Use Review Procedure process. At that time, CouncilMember Stephen Levin counted himself pleased with modificationsthat included shortening the project’s two apartment towers from 40stories to 34 while maintaining the same number of affordablehousing units. Earlier this year, the project’s design was modifiedto incorporate the iconic Domino Sugar sign after protests fromcommunity groups.

|

Thanking Levin and Council Member Vito Lopez for their help inshaping “a constructive compromise,” CPCR president and CEO MichaelLappin says in a statement, “Reaching this milestone enables us totranslate the extraordinary benefits of the New Domino intoenduring reality to serve the residents of Williamsburg and thecity. We look forward to the start of construction next year.”

|

The project will include 2,200 apartments, including 660affordable housing units. Also part of the New Domino plan are fouracres of public parks, a riverfront esplanade, 128,000 square feetof retail space and 147,000 square feet of community facilityspace.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.