The 4th Street area of prospect park

4th Street is a strip of mixed residential and commercial developments bounded by SE University Avenue to the south and the U of M Transitway to the north. This sliver of neighborhood includes single-family houses and multi-story apartments on SE 4th Street, homes and businesses on SE Malcolm Avenue and SE Bedford Street, as well as five houses on the north side of SE University Avenue. Landmarks include a U.S. Post Office and a hexagonal, eight-story, white office tower, University Park Plaza (UPP) affectionately known as the "TV Building" for the shape of its floor-to-ceiling windows.

In October 2002, the Bedford Street Townhomes housing development, located in the 4th Street area, was officially designated, showcasing the area's rich history dating back to the late 1800's. The Townhomes were one of three housing initiatives from the NRP Program, Phase 1 for Prospect Park.

Impact of the Prospect Park Light Rail Station

In the time since the opening of the Prospect Park LRT Station in 2014, the area along 4th Street has changed dramatically. A high-rise, mixed-use retail/residential complex called "The LINK" was constructed and opened in 2018 incorporating the neighborhood's first large grocery store, Fresh Thyme in more than 60 years.

In early 2020, the 11-story senior-living center, "Pillars of Prospect Park" opened and now houses offices of the SE Seniors non-profit.