Under the Metropolitan Transportation Authority's 2015–2019 Capital Program, the station, along with thirty other New York City Subway stations, were scheduled to undergo a complete overhaul as part of the Enhanced Station Initiative. Upgrades were to include cellular service, Wi-Fi, USB charging stations, interactive service advisories and maps. From January to May 2016, Grimshaw Architects worked on a design for the station's renovation, with Arup Group acting as a consultant. The contract for Package 1 of the renovations, which covers renovations at the Prospect Avenue, 53rd Street, and Bay Ridge Avenue stations on the BMT Fourth Avenue Line, was awarded on November 30, 2016 to Citnalta-Forte Joint Venture for $72 million, the first design–build contract in the subway system's history. The station closed on June 5, 2017 for these renovations, and reopened on November 2, 2017, a month ahead of schedule.