Massive Gowanus project inks three new retail leases
Eddie Small | Crain's
Grocery store Union Market, Italian restaurant Corto and Spear Physical Therapy have all inked 10-year leases at the sprawling Gowanus development known as 499 President, the companies announced Monday. The mixed-use project from developers The Brodsky Organization, Avery Hall Investments and Battery Global Advisors features 40,000 square feet of commercial space and 350 apartments overall, making it one of the more significant projects to rise in Gowanus in recent years.
Union Market will serve as an anchor tenant for the project with a 10,000-square-foot flagship store at 532-542 Union St. The chain also has locations in Crown Heights, Park Slope and Cobble Hill, and co-owner Martin Nunez cited the massive population growth Gowanus has seen in the wake of the rezoning as the main reason to add a branch there.
"Gowanus is welcoming thousands of new residents who need an amazing neighborhood grocer," he said. "Bringing Union Market to the area just makes sense."
