Alloy To Build Three-Story, 8,000 Square-Foot Office Headquarters At 431 Carroll Street, Gowanus

431 Carroll StreetVacant 431 Carroll Street, image via Google Maps

Alloy Development has acquired the vacant 4,100 square-foot parcel at 431 Carroll Street, in Gowanus, for $2.8 million, Crain’s reports. Located two blocks west of the Union Street stop on the R train, the developer plans to build their new headquarters at the site in the form of a three-story, roughly 8,000 square-foot building. The ground floor will be leased as retail space and the upper floors will contain between 5,000 and 6,000 square feet of office space. The developers expect to break ground by 2017 for a 2018 completion. Alloy Development will likely design the project in-house.

Subscribe to the YIMBY newsletter for weekly updates on New York’s top projects