Here’s our latest look at Caton Flats, the much-anticipated redevelopment of the Flatbush Caton Market (FCM) into a destination of Caribbean commerce, entertainment, and culture in New York City. The 280,000-square-foot project is being developed by Urban Development, BRP Development (BRP) and the Caribbean American Chamber of Commerce and Industry (CACCI) who were selected by the New York City Economic Development Corporation in 2015.
The new building will rise 14 stories from the large corner lot at Flatbush and Caton avenues. In addition to providing a permanent new home for the market, the project will bring 256 units of affordable housing and 10,000 sf of community facilities.
All 256 apartments will be affordable and open a variety of income levels. Twenty-two percent of apartments will be earmarked for low-income households, 30 percent to moderate-income residents and 48 percent of middle-income residents.
Photo of the existing market with inset showing previous design (via Brownstoner)
Concept of market layout; (Image credit: BRP Development)
Concept rendering of culinary classrom
The current market is home to 47 merchants who will be relocated to a temporary facility to ensure a seamless transition during the construction. There will also be 75 below grade parking spaces and 12,500 sf of community facility space that includes a business incubator with a commercial kitchen, textile and cosmetic fabrication spaces and a digital technology lab.
In late April the project received the approval of the New York City Council paving the way for construction to begin by year’s end. Leaders hope the new building will serve as a gateway to the neighborhood and anchor an arts corridor that will showcase the best of the Caribbean and mainstream cultural offerings. In a press release, Meredith Marshall, Managing Partner & Co-founder of BRP Companies says, “The Flatbush Caton Market is a cornerstone of the Flatbush community and it is incredibly gratifying that Caton Flats is now officially underway.” The building has been designed to LEED specifications, is convenient to 6 subway lines and is 3 blocks from Prospect Park.
View west down Caton Avenue (Rendering via BRP Development)
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