Another Day, Another Gowanus Development

In another sign that the pace of development in Gowanus is picking up, a large property at 505 Carroll Street has been purchased by developers. The parcel is between Third and Fourth Avenues on Carroll Street, almost across the street from Our Lady of Peace Church. The site is more than one acre and extends through the block to President Street.

The building has been used for light manufacturing, but that's a thing of the past. The developers--Second Development Services and Procida Realty & Construction--have teamed up in the past to produce condos marketed to "young, urban professionals with a highly sociable lifestyle." They've already put up an 11-story building at 53 Boerum Place, one of those new residential buildings you see as you're going toward Atlantic Ave from the Brooklyn Bridge.