Bronx EUL Development Opportunity Sources Sought
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The Department of Veterans Affairs is seeking expressions of interest from qualified developers for an Enhanced-Use Lease opportunity at the James J. Peters VA Medical Center in the Bronx, New York. The project involves the redevelopment of an approximately 1.6-acre parcel to construct, finance, operate, and maintain a parking structure with at least 900 spaces to alleviate significant on-campus parking shortages. Under the terms of the potential lease, which can extend up to 99 years, the developer must provide free parking for Veterans and their families during standard weekday business hours. The government has clarified that due to land and density constraints, mixed-use developments including housing are not anticipated for this specific site. This Sources Sought Notice is intended for market research to determine the best acquisition strategy and is not a formal solicitation for proposals. The VA is particularly interested in the capabilities of Service-Disabled Veteran-Owned Small Businesses and Veteran-Owned Small Businesses, specifically those capable of performing at least 51 percent of the development. Interested respondents must demonstrate a proven track record in real estate development, property management of parking facilities, and the ability to secure non-VA financing. Responses, including company business information, qualification summaries, and answers to a government questionnaire, are due by November 10, 2026.
General Info
Place of Performance
OH, USASet-Aside
Timeline
Response Deadline
Organization & Contact Information
Full Description
The United States Department of Veterans Affairs (VA), under its Enhanced-Use Leasing (EUL) authority (38 U.S.C. §§ 8161- 8169, as amended), is seeking expressions of interest from qualified developers, including SDVOSBs and VOSBs, to serve as a “Developer” for purposes of developing a parking structure with at least 900 spaces that directly or indirectly benefits Veterans.
For purposes of this effort, the Developer would be a non-VA entity who has the qualifications outlined in Section V of this Notice. The opportunity would involve a Developer entering into an EUL with VA and financing, renovating/constructing, operating, and maintaining the parking structure.
VA’s EUL authority allows VA to outlease land and improvements to selected developers (i.e., Lessees) to provide housing and/or other uses that directly or indirectly benefit Veterans, which may include certain parking structures. Such leases can have a term of up to 99 years. VA’s Office of Asset Enterprise Management (OAEM) administers the EUL Program.
The objective of this development opportunity is to repurpose assets at the James J. Peters VAMC Campus under VA’s EUL Program to the benefit of Veterans. The James J. Peters VAMC is particularly interested in a parking EUL to alleviate the significant on-campus parking shortage.
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