New York City Mayor Eric Adams has begun celebrating the grand opening of Caton Flats over the weekend. This is a new multi-purpose development with 255 affordable homes, revitalized and expanded. Flatbush Central Caribbean Marketplace, And 20,000 square feet of community space.Is in 800 Flatbush Avenue of Flat bushBrooklyn, for the development team BRP companyUrbane, New York City Economic Development Corporation, Housing Conservation and Development Agency (HPD), and Housing Development Company (HDC).
The total development cost is estimated at $ 136 million.
“The entire project has demonstrated true partnerships and partnerships between real estate, community groups, local leaders and construction entities, all of which are equally dedicated to serving the Flatbush community. “” Said Meredith Marshall, co-founder and managing partner. BRP company. “In addition to the 255 units of new affordable housing developed at Caton Flats, Flatbush Central is an important part of the Flatbush community that supports small businesses and community entrepreneurs while celebrating and maintaining New York City’s Caribbean culture. It serves as a classic. I’m excited to celebrate the grand opening. “
Caton Flats consists of over 220,000 square feet of residential area. The entire housing collection is designated for households with a median income (AMI) of 40-130% in the region, or for households with very low to medium annual income. Available apartments range from studios to 3 bedroom floor plans.
Facilities include an on-site doorman and resident manager, laundry room, electric car charging station, gym with yoga studio, bicycle storage, package lockers and outdoor terrace.
“We are excited to share the newly improved Flatbush Central with the general public and continue the market heritage as an important hub for Caribbean commerce and as a unique and attractive meeting space for the community. “Masu,” said James Johnson Piet. Urban CEO and Principal. “Urbane is proud to usher in a new era of markets with upgraded and enhanced facilities that serve the entire community. In this new space, the market is top-notch retail and cultural. We look forward to growing and evolving as a destination. “
Instead called 2123 Caton Avenue, this market, formerly known as the Flatbush Caton Market, has been a staple of the neighborhood for over 20 years. The Flatbush Central rebranding was driven by the prestigious Dr. Una ST Clarke, a former New York City Council member who sought to build an institution for Caribbean people in Flatbush through the incubation of Caribbean companies. Today, the market offers affordable opportunities for Caribbean food halls, shared commercial kitchens, bars and lounges, and small, independent business owners.
The market also hosts the “Mangrove Business Accelerator”. Described as an economic mobility platform and incubator program, it focuses on providing blacks, indigenous peoples, and colored entrepreneurs with state-of-the-art facilities to meet their food and culinary needs. .. , And a facility for producing natural body care and cosmetics, new media, and textiles.
Additional components include a 5,000-square-foot community facility that functions as a Caribbean Trade Center owned and operated by the American Chamber of Commerce and Industry of the Caribbean.
“This project deserves to celebrate the vibrant Caribbean community of our city and our strong and comprehensive economic recovery,” said Mayor Adams. “This project is a model for community-based development for the entire city, so we are proud to fight for this project as Mayor and even more proud to have completed today as Mayor.”
apply In YIMBY’s daily email