New Renderings Reveal Gowanus Anagram Apartment Tower

The 20-story residential building at 450 Union St. will bring 158 new rental units to the canal.

Updated on Oct. 25, 2026 in Apartments

Isometric editorial illustration of a modern residential building integrated into a stylized urban canal-side promenade with geometric brick and window textures. — The Anagram development on Union St. will provide 158 new rental units to the Gowanus Canal neighborhood following recent zoning changes in New York. AI Illustration. Upload story photo >

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Developers have released new images for the Anagram, a 20-story building currently under construction on the Gowanus Canal. The project will feature 158 rental units alongside ground-floor retail space and offices.

Why it matters

The Anagram development represents a significant addition to the housing inventory following the city's rezoning of 82 blocks in the Gowanus area. It contributes to the neighborhood's rapid transition as thousands of new homes are added to the waterfront.

The tower at 450 Union St. stands 20 stories tall and includes a public waterfront esplanade. This project is part of a larger neighborhood expansion that saw 4,000 new rental units created in 2025, with 9,000 total units projected for the area.

The players

SO-IL

This is an architectural firm based in New York City that focuses on projects integrating public and private spaces.

Global Holdings

Global Holdings is a real estate development firm involved in the acquisition and construction of large-scale residential projects.

MacArthur Holdings

MacArthur Holdings is a development partner participating in the construction of the Anagram tower.

Tankhouse

Tankhouse is a real estate development firm focused on urban projects and modern residential design.

The details

Designed by the architectural firm SO-IL, the development is a collaboration between Global Holdings, MacArthur Holdings, and Tankhouse. The building integrates residential living with commercial space and public access to the canal waterfront.

4,000 new rental units were created in the Gowanus area in 2025.
Developers released new project images in October 2026.
Leasing for the building is scheduled to start in early 2027.

Culture Shift

The project follows the pattern of residential expansion established by the city's rezoning of 82 blocks in the Gowanus area. This shift represents a move toward high-density waterfront living in formerly industrial spaces.

Prospective residents can expect leasing opportunities to become available starting in early 2027. The project will also provide new public access to the waterfront for neighborhood residents.

The takeaway

The Anagram project highlights the ongoing transformation of the Gowanus area into a dense residential hub. Interested renters should monitor upcoming project milestones as the development approaches its early 2027 leasing date.