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New proposal calls for 1.7M sf development in Red Hook

The project would transform the Revere Sugar Refinery site

The Revere Sugar Refinery in Red Hook
The Revere Sugar Refinery in Red Hook

A new redevelopment proposal for Thor Equities’ Revere Sugar Refinery in Red Hook is the biggest yet for the site.

Magnusson Architecture and Planning recently put together a feasibility study for the site. The resulting plan calls for a 1.7-million square-foot mixed-use development, including 900 apartments, 250,000 square feet of retail and 400,000 square feet of parking on the former factory’s footprint, according to Curbed.

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The renderings by MAP show a multi-level commercial complex, plus six 12-story residential buildings surrounding a roof-deck. According to 6sqft, which first spotted the plans, the development might even include a marina.

Thor purchased the six-acre site in 2005 for $40 million. [Curbed | 6sqft]Christopher Cameron

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