Mixed-Use Combines Industrial, Residential at Former Chocolate Syrup Factory

The Greenpoint Manufacturing and Design Center (GMDC), The Bridge and Mega Development held a ceremonial ribbon-cutting for the first new, mixed-use residential and industrial development in the Brownsville section of Brooklyn. The $118-million project reimagines the former Fox’s U-Bet Chocolate Syrup factory at Rockaway Avenue and Newport Street as the GMDC Brownsville Industrial Center.

The redevelopment includes 39,000 square feet of light industrial space on the ground-floor; Bridge Rockaway, a residential building with 174 units of affordable and supportive housing above the industrial space; and a 2,000 square-foot community space, spanning half an entire city block. It is said to be the first new project in New York City to co-locate affordable housing and industrial space on the same site.

“After nearly eight years of planning, development, and construction, we are thrilled to finally open our doors,” said Brian T. Coleman, CEO of Greenpoint Manufacturing and Design Center. “This project does what no one thought was possible: putting 39,000 square feet of light manufacturing space, more than 170 units of housing, and a community facility on the same site safely and affordably.”

Join industry leaders at Connect Tri-State Multifamily on October 1 at Studio Gather, 45 Rockefeller Plaza, NYC. Learn from experts as they discuss the latest market trends, future development, and capital placement opportunities across the Tri-State multifamily landscape.