It comes as no surprise given that the recent approval at the committee level, but the folks at the Community Preservation Corporation must still be breaking out the champagne over yesterday’s final approval by the entire City Council of the New Domino development project. In a 45-0 vote, the Council greenlighted the massive conversion, which will transform the 11.2-acre Domino Sugar Factory site just north of the Williamsburg Bridge on the Brooklyn Waterfront into a cluster of buildings with a mix of commercial, community and residential space. In all, there will be 2,200 apartments, 600 of which will be some kind of affordable housing; the original refinery complex will also be preserved as part of the conversion and, as part of a late-game negotiation by Councilman Levin, building height will be capped at 34 stories rather than 40. The groundbreaking is scheduled for late 2011 and it’s estimated that the project will cost $1.5 billion over the next 10 years; the developer still needs to secure financing, no small matter in this environment.
Council Approves Plan for Domino Site [NY Times]
City Is Sweet on Domino Redo [WSJ]
Plan for Former Domino Sugar Site Approved [NY Post]
Plan for Former NYC Sugar Site Approved [Business Week]
Domino Construction to Start in 2011 [Curbed]
Council Gives Final Domi-YES! [Brooklyn Paper]
New Domino Gets Final Green Light [Brooklyn Eagle]
New Domino Clears Council Hurdles [Brownstoner]
Last Minute Deal to Save Domino Development [Brownstoner]
Details on the Domino Public Hearing [Brownstoner]
Domino Public Hearing Held This Morning [Brownstoner]
City Planning Approves Domino [Brownstoner]