1368 Fulton Street, Brooklyn, NY 11216

A community hub in Bedford Stuyvesant is renovated to add more services, businesses and improvements

Restoration Plaza, located in the Bedford Stuyvesant neighborhood of Central Brooklyn, has served as town square and major destination for education, commerce and culture for many years. It is home to the Billie Holiday Theatre, Skylight Gallery, Youth Arts Academy and an extension campus of the College of New Rochelle. It also provides essential services to the community including a supermarket, post office, pharmacy, restaurant and several banks.

Bedford Stuyvesant Restoration Corporation (BSRC), the nonprofit developer of the plaza, has undertaken a multi-phased capital improvement plan that will allow for the addition of community and educational programs, expanded retail and office space, and significant exterior plaza renovation.

The project will develop or rehabilitate 25,900 square feet of office space, 7,100 square feet of retail space and 10,000 square feet of space for community revitilization programs. Renovations to the outdoor West Plaza will allow for a more open, pedestrian-friendly design, making it a destination venue for events accomodating up to 600 people.

BSRC was founded through the efforts of Senator Robert Kennedy in 1967, and has been serving Central Brooklyn for more than 35 years as a leader in community development. The expansion and improvement of Restoration Plaza will allow BSRC to better help in transforming and educating its surrounding community.

Development Type: Mixed-use retail, workforce development, social services

Project Timeline: Summer 2011

Project Partners: National Community Fund I, LLC; Bedford Stuyvesant Restoration Corporation; New York City Economic Development Corporation; City Community Capital

Total Project Cost: $17.47 million

NMTC Allocation: $15 million

Total Economic Impact: $117.5 million

Jobs: 287

Click here for more community impacts information (PDF)