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GOWANUS — AFFINIUS CAPITAL HAS committed to a $200 million construction loan to Midwood Investment & Development to build 200 Douglass, a planned 21-story multifamily development on the banks of the Gowanus Canal, the New York Real Estate Journal reports. 

The project will deliver 276 residential units and roughly 20,000 square feet of ground-floor retail at Douglass and Bond streets. Planned amenities include an outdoor lap pool, rooftop terraces, fitness studios and a co-working space, along with a publicly accessible 10,000-square-foot waterfront esplanade.

“200 Douglass represents an exceptional multifamily investment in Brooklyn’s thriving Gowanus neighborhood which continues to evolve from its industrial roots into a premier residential destination,” Affinius managing director David Greenburg said.

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