Monadnock gets approval for Gowanus commercial development

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Monadnock Construction has received final ULURP approval
from City Council for mixed-use commercial development along the Gowanus Canal at
300 Huntington Street.

The new six-story building in the Gowanus Industrial Business
Zone (IBZ) will encompass 100,000 s/f and house a new construction yard, along
with office, light industrial, and street-level retail space.

The project will also provide a privately-owned, publicly
accessible esplanade on the Monadnock property that will be the gateway to the
mile-long public walkway planned for the Gowanus Canal.

The approved ULURP application allows a rezoning change from M2-1 to M2-3 to eliminate the parking requirement enabling Monadnock to remain in the neighborhood and move into the IBZ maintaining construction jobs in Brooklyn.

  “Especially considering the challenges of
developing the site, we have been impressed with Monadnock’s willingness to
engage stakeholders and go above and beyond to keep a significant percentage of
the property truly attainable for our local manufacturers and innovators,” said
Ben Margolis, executive director of the Southwest Brooklyn Industrial
Development Corporation (SBIDC).

The esplanade on the 300 Huntington property will be the
first stage in the City’s grand vision for a publicly accessible shore public
walkway and landscaped seating areas along the Gowanus Canal, with access from
Huntington Street and, in the future, the MTA’s property on Smith Street to the
south, and privately-owned sites to the north.

The Canal is currently undergoing remediation and, with the
public walkway, is expected to be transformed into a vital recreational
resource for the community.

The construction of the building will generate approximately
1,045 jobs (direct, indirect and induced), including 330 in
construction-related activities over the two-year construction schedule. These
jobs include work related to cleaning up the property as a voluntary
participant in the New York State Brownfield Cleanup Program.

The project is expected to generate 715 permanent jobs that
will be transit accessible in the IBZ.

The building will also incorporate a green roof for
sustainability and will have integrated vegetation along the Canal that absorbs
rainwater.

Monadnock Construction has agreed to reserve 5,000 s/f of
the new building to a specified list of industrial uses and an additional 5,000
square feet at a reduced rent for future industrial tenants.

The building is designed by Dattner Architects with Bernheimer Architecture, and will include a public esplanade and walkway designed by SCAPE.

Construction is anticipated to last approximately two years and be completed as early as 2023.

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