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499 President Street
Update
11/16/23
350 Unit Mixed-Use Project Steadily Rises in Gowanus
Concrete specialist, Casino Development Group, is currently forming the structural skeleton of a 9-story, mixed-use development, going up at 499 President Street in Brooklyn's Gowanus neighborhood.
Crews have so far constructed up to the 5th floor in one section, while formwork is still being used to mold the first floor towards the rear of the lot. The project has come a long way since our last site visit in July. At that time, foundation work was still very much a work in progress.
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 a 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 altogether.
The irregularly shaped project site spans square feet. Due to being a partial through-lot, the development will have frontages on President Street, Nevins Street, and Union Street.
The project is set to cost $155 million, and general contractor, , is overseeing its construction at the top level. Work is ultimately expected to finish by February of 2025.
