East Setauket-based real estate developer Tritec has been making buyout offers to commercial property owners in Ronkonkoma as the $350 million Ronkonkoma Hub plan progresses, according to a report published Friday in Newsday.
A Tritec executive said eminent domain will be used only as "a tool of last resort" in the project, Newsday reported.
The Ronkonkoma Hub plan, which spans 50 acres in Brookhaven and Islip surrounding the Ronkonkoma train station, is expected to break ground in 2014. According to Newsday, another Tritec official said the residential pieces of the plan will measure three to four stories in height and will include rental and owner-occupied as well as assisted-living apartments, with retail locations situated around Railroad Avenue.
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