A new exterior rendering has been revealed for 175 3rd Street, an upcoming two-tower mixed-use building in Gowanus, Brooklyn. Developed by Charney Companies and Tavros Capital, the structure will yield around 1,000 rental units in studio- to three-bedroom layouts. The project is slated to become the largest in the neighborhood, yielding around 1 million square feet, and will also include, ground-floor retail space. It’s unclear how many of the homes will be dedicated to affordable housing. The property is bounded by 3rd Street to the south, 3rd Avenue to the east, and the Gowanus Canal to the west.
The rendering looks east at 175 3rd Street from the 3rd Street bridge over the Gowanus Canal, showing the two towers rising from a shared multi-story podium. The façade is depicted composed of rust-hued metal paneling framing a grid of square floor-to-ceiling windows on the podium and tall rectangular windows on the tower. Balconies with glass railings are shown lining the northern elevation of the north tower and the cut-out southwestern corner of the south tower. Roof decks top both towers and the podium’s two parapets. A 37,000-square-foot landscaped waterfront esplanade designed by Field Operations will sit to the west of the building along the canal.
The following photos show the current state of the property, which is occupied by a surface-level parking lot and a low-rise building.
175 3rd Street. Photo by Michael Young.
175 3rd Street. Photo by Michael Young.
175 3rd Street. Photo by Michael Young.
175 3rd Street. Photo by Michael Young.
An architect has not been announced. However, the fenestration bares a striking resemblance to Fogarty Finger’s Hanover House at 17 Hanover Place in Downtown Brooklyn.
Photo by Michael Young
Photo by Michael Young
The property was formerly planned to give rise to a 20-story building designed by Bjarke Ingels Group. The renderings below show this previous iteration, which would have featured an eye-catching design of interlocking setbacks topped with trees and a checkerboard pattern of floor-to-ceiling windows and pocketed terraces. The building was planned to yield 375 apartments and ground-floor retail space.
The former design of 175 3rd Street by Bjarke Ingels Group.
The former design of 175 3rd Street by Bjarke Ingels Group.
The former design of 175 3rd Street by Bjarke Ingels Group.
The developers of 175 3rd Street recently secured a $174.5 million capitalization package arranged by JLL Capital Markets to support the property acquisition and pre-development phase. The figure includes $110 million in senior financing from Silver Point Capital and $35 million in mezzanine financing from a partnership between Tikehau Capital and Brodsky Organization. Atlas Capital Group contributed $29.5 million in equity.
175 Third Street will be the fourth and final component in Charney Companies and Tavros Capital’s Gowanus Wharf master plan, joining Union Channel at 240 Third Avenue, Douglass Port at 251 Douglass Street, and Nevins Landing at 310-340 Nevins Street. The buildings collectively span more than 2 million square feet and yield 2,200 units, making the developers the largest owners in the neighborhood.
The nearest subways from the development are the R train at the Union Street station and the G, F, and R trains at the 4th Avenue-9th Street station.
Construction on 175 3rd Street is set to break ground in mid-2026. A completion date has yet to be announced.
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Lost opportunity-but change from high end condos to rentals offers more units, however pedestrian design
BETTER
The redesign is definitely better as it’s not trying so very hard.
Yes I agree. Although it would’ve been nice to see something more extraordinary than rectangular glass boxes again. Alas!
I would never want to live in a building with over 1000 people.
1,000 units. More like 3,000 people…
How did you possibly read “studio to three-bedroom units” and come up with 3000 people?
From the canal, it’s actually quite striking. From the street, it’s just another boring slab.
I wish it were set back from the arts building more. I’m no nimby but it’s a shame to lose that view of the side.
Massing is quite odd.
Boring, mediocre, function over form. The BI design was vastly more interesting. BUT it’s still a million times better than the Verizon lot.
if they do have some affordable housing out of 1,000 apartments don’t be surprised they will be close to market rate units, nothing truly affordable, but, we will see