Builders are able to get candy on a 33-acre waterfront web site in Yonkers.
Cushman & Wakefield is advertising American Sugar Refining’s former refinery at 1 Federal Road in Yonkers, Bisnow reported. The Domino Sugar refinery was shut down late final 12 months as plant operations had been shifted upstate.
The lately rezoned web site can accommodate roughly 2.6 million sq. ft of improvement, based on the brokerage, together with greater than 2,600 residential items, business area, retail area and neighborhood area.
The positioning is situated between a pair of Metro-North Railroad stations, every of which may get commuters to Manhattan in roughly 45 minutes.
“This web site is uniquely positioned to assist a dynamic, transit-oriented vacation spot that may form the following chapter of Yonkers’ evolution,” Cushman’s Ryan Dowd mentioned in an announcement; different brokers embrace Gary Gabriel and Niko Nicolaou.
As lately as 2020, the refinery was processing greater than 4 million kilos of sugar every day. Domino Sugar acquired the positioning in 1990, although it had been in use for a few century already on the time.
Yonkers is one in every of 4 Westchester County municipalities which have seen a surge of multifamily improvement, with greater than 2,000 items constructed since 2018. Mixed with New Rochelle, White Plains and Mount Vernon, the realm has seen greater than 9,400 items delivered between 2021 and 2024, based on business actual property brokerage RM Friedland.
A possible mission could be the second former sugar refinery to make a splash after Two Bushes Improvement’s banner property on the Brooklyn waterfront.
One Domino Square, a large mixed-use improvement that features and surrounds the previous Domino Sugar refinery, debuted in October 2024 with a 160-unit condominium tower and a 399-unit rental tower.
The event has 45,000 sq. ft of facilities, together with an aquatics middle with an indoor swimming pool and spa, chilly plunge, scorching tub, steam room, sauna and a heated out of doors pool overlooking the East River. It additionally incorporates a non-public eating room, barbecue grilling terrace and media room.
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