![]() The 360-unit development from the Vorea Group will be among the tallest new projects in the neighborhood. This skyline-altering development would bring a mixed-use complex to 404 Carroll Street with two high points: a 21-story west tower and a 16-story east tower. The finished project will include roughly 300 mixed-income apartments and space for shops and offices. No formal plans have been filed for the site, but Avery Hall’s website says it will be a multiphase megadevelopment, and it will remake half of Union Street between Nevins Street and Third Avenue. The land is contaminated with coal tar from the canal and will require remediation before construction can begin. This sprawling property is made up of nine separate parcels and ten warehouse buildings. In exchange, Avery Hall wants an extra 50,000 square feet for its 17-story tower.Īvery Hall plans to build a glassy new tower at 272 4th Avenue (2).Ĥ. The developer has offered to build the city a new subway entrance with an elevator at the base of the project, which sits atop the Union Street R station. ![]() With the air rights, the project would cost around $120 million without them, it will come in at roughly $90 million.Īvery Hall is hoping to beef up another project too - but this time by throwing money at the local subway station. But if they manage to snag 50,000 square feet of city-owned air rights from a neighboring MTA substation, Avery Hall will bulk up the project with another 75 apartments. They’ve proposed a 14-story building for the corner of Fourth Avenue and Carroll Street with 125 apartments. The city-owned land is infamous for its coal-tar contamination, but state and federal officials have said they will monitor construction to ensure the project is safe.ĭeveloper Avery Hall Investments is betting big on air rights with its hopes to build an even taller sleek glass tower. All 950 apartments will have below-market rents - with 50 percent dedicated to households that earn $51,200 for a family of three. This is the city’s big affordable-housing play in Gowanus: a six-building residential complex built on a 5.6-acre vacant lot along the canal. Here are some of the big projects on the horizon. The plan will essentially remake both the neighborhood and community. The neighborhood will be mostly reoriented toward the waterfront, where there will be a new network of public esplanades, parkland, and plaza space with shops and eateries dotting brand-new streets - as well as plenty of new luxury housing. Some - like Domain Properties and Property Markets Group, which own large chunks of land in the neighborhood - now essentially have the power to reshape it. It marks a long-awaited shift: Instead of redeveloping a low-income community of color, the city is bringing new density to a more affluent neighborhood with the expectation the rezoning will bring more diversity to the area.ĭevelopers have been strategically snapping up low-rise industrial buildings, particularly around the canal, for the last decade in anticipation of the rezoning. This rezoning is the first the de Blasio administration has achieved in a mostly white and wealthy community and the first to undergo a racial-impact study. Today, the City Council passed an expansive rezoning that will bring an estimated 8,200 new apartments, including 3,000 affordable units, to an 82-block swath of Gowanus by 2035. But now developers set on transforming it into the Venice of Brooklyn are about to get the green light from a city-led zoning overhaul that has been more than ten years in the making. ![]() Gowanus, the neighborhood best known for the toxic sludge at the bottom of its namesake canal, has become a place where you can go barhopping or peruse the aisles of a Whole Foods, but it has never fully shed its industrial past.
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