Triangle Junction
Triangle Junction, a Target-anchored shopping center in Brooklyn, is the product of a successful public-private partnership with the City of New York. Triangle Equities was selected through an RFP process run by the NYC Economic Development Corporation (EDC) to develop a commercial center in the vicinity of Brooklyn College on what was previously a municipal parking lot.
Located at the junction of Flatbush and Nostrand Avenues, a terminal point for two subway lines and six public bus lines, Triangle Junction is a transit-oriented development in a densely populated neighborhood (1.2 million people within a 3-mile radius). This project has successfully catalyzed further development in the immediate vicinity and led to the revitalization of the Flatbush Avenue retail corridor south of Prospect Park.
1600 Flatbush Ave., Brooklyn, NY
Flatbush
Retail
Target
Aldi
HomeGoods
Applebees
AT&T
Diamond Braces
Achievements
Square Feet of Retail Space
Parking spaces, structured
Awards
Building Brooklyn Economic Development Award
Chamber of Commerce Borough of Brooklyn (2009)
The Challenge
Overcoming Site Constraints for Retail Development
Reconfigure and enhance a site constrained by a 40,000-square-foot active rail cut and an underlying fuel oil pipeline to create a sufficiently expansive footprint capable of attracting major large-format retailers.
The Results
Transformed Parking Lot into 300K SF Retail Hub
Revitalization of the Flatbush area by revamping an underutilized, defunct municipal parking lot into a 300,000 square foot shopping center, anchored by Target, thereby reinvigorating the retail presence of the area.
