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499 President Street Update 05/08/23

350 Unit Mixed-Use Project Coming to Gowanus

A new, 9-story, mixed-use development, is set to rise soon at 499 President Street in Brooklyn's Gowanus neighborhood.

Jointly developed by The Brodsky Organization and Avery Hall, the building will contain apartments. Offering both market-rate units and affordable housing, these will be available in studio, one, and two-bedroom configurations.

Tenant amenities are to include a fitness center with a yoga studio, resident lounges with co-working spaces, private dining accommodations, game rooms, and a roof deck with an outdoor swimming pool and seating areas. In addition to residential space, the development will feature square feet of ground-floor retail space, and an enclosed parking garage, with enough room for vehicles.

Designed by , 499 President Street will stand feet tall and total square feet. The project is set to cost $155 million, and general contractor, , is overseeing construction efforts at the top level. Work is ultimately expected to finish sometime in 2025.

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