Bedford Stuyvesant Restoration Corporation Master Plan
BJH is part of a team led by Totem that is currently advising Bedford-Stuyvesant Restoration Corporation (BSRC) on its five-year master plan, a reimagining of the organization’s headquarters at Bedstuy Restoration Plaza. The master plan calls for the redevelopment of 400,000 square feet of office, retail, and cultural space that will support the organization’s efforts to close the racial wealth gap in Central Brooklyn. The location, in Central Brooklyn’s Bedford Stuyvesant neighborhood, is well positioned to serve a broad array of local organizations and residents, students, and businesses. BJH is working with BSRC staff, its board, Totem, and the master planner, Adjaye Associates, to conduct a capital requirements and residual land value analysis that will allow the organization to optimally plan for and implement development on its site. Moreover, BJH is analyzing BSRC’s current leases and assessed their impact into the development timeline of the proposed project.