Excavation and foundations are progressing at 320 and 340 Nevins Street, the site of a two-tower residential project in Gowanus, Brooklyn. Designed by Fogarty Finger and developed by Charney Companies and Tavros Capital, the 600,000-square-foot complex will yield 654 rental units with 25 percent designated as affordable housing, as well as ground-floor retail space and a public waterfront esplanade designed by James Corner Field Operations. Broadway Construction Group is the general contractor for the 2.3-acre full-block property, which is alternately addressed as 417 Carroll Street and bound by Union Street to the north, Carroll Street to the south, Nevins Street to the east, the Gowanus Canal to the west.
Earthwork has gotten underway since our last update in May 2023, when crews were readying for the start of excavation. Since then, a large team of construction workers has steadily transformed the land with piling machines and excavators. The southernmost portion of the parcel is now populated with several bundles of rebar protruding from concrete casings in preparation for the start of foundations for the shorter of the two towers.
The main rendering is oriented looking south at the master plan. Both buildings begin with five-story podiums topped with landscaped terraces and clad primarily in brick with a distinctive fenestration featuring a mix of narrow rectangular and half-arch windows. Above, the towers rise 22 and 17 stories with a grid of wide arched windows.
Below is an additional rendering of the ground-floor public plaza between each structure.
320 and 340 Nevins Street set the record for the largest residential development deal in New York City in 2021, when Property Markets Group sold the 101,118-square-foot plot to the current developers for $102 million. Brokerage firm TerraCRG closed the transaction by January 2022. The zoning for the site allowed for 505,590 square feet of buildable square feet. The development will include 225 feet of frontage along Carroll and Union Streets, 450 feet along Nevins Street, and 450 feet along the Gowanus Canal.
The site is a short walk from the R train at the Union Street station.
320 and 340 Nevins Street’s anticipated completion date is slated for the spring of 2026, as noted on site.
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25% is a very small amount of the supposed to be affordable units, out of 654, probably 35 or 45 affordable units, and 80,000 applications applying for them, smh
Affordable mandates are killing construction in the city.
I’m guessing math isn’t your strong suit?
25% of 654 is 163.5. Not 35 or 45.
1 & 1 is 2, 1 & 1 & 1 is 3.
I graduated with mathematics, what is this? Don’t disturb my development reported: Thanks to Michael Young.