Rocco Termini has plans for another project on Chandler Street in Black Rock. The four-story warehouse building at 166 Chandler will be renovated as incubator space. It will complement more advanced plans to convert the former Linde Air Manufacturing complex across the street at 155 Chandler Street into a mixed-use complex he is calling the Chandler Incubator.

Incubators provide space and services to catalyze business growth. Termini purchased the 43,200 sq.ft. 166 Chandler in February for $250,000.

155 Chandler (above) is envisioned as 80,000 sq.ft. of commercial space and potentially ten apartments. If the property is accepted into the Start-Up NY program, the apartment component will be dropped. Termini has commitments for a brewery and winery to occupy 30,000 sq.ft. of space and software development firm Utilant, a current tenant at his Foundry Lofts project, will take 25,000 sq.ft.

Termini has a cluster of projects in the area that includes Foundry Lofts, Houck Lofts and ARCO Lofts.

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