Domain Companies has closed on a $176M construction loan for a 360-unit multifamily development that will feature two apartment towers at 420 Carroll Street on the Gowanus Canal waterfront in Brooklyn.

JLL Capital Markets arranged the financing from Bank OZK for Domain and its partners in the project, including Vorea Group, Silverstein Properties and affiliates of Cantor Fitzgerald.

The waterfront development, now under construction, will include a 20-story tower, a 15-story tower, more than 27K SF of retail space and a publicly accessible connection to the Gowanus Canal promenade, according to a report in NYYimby.

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