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City inviting developers to create new entertainment, retail center.


New York City Economic Development Corporation Overview
New York City Economic Development Corporation (NYCEDC) is a non-profit local development corporation that promotes economic growth across New York City's five boroughs.
 issued a Request for Proposals for the sale and redevelopment of the landmark Kingsbridge Armory, a 575,000 s/f building at 29 West Kingsbridge Road in the Kingsbridge Heights section of the Bronx.

The goal of the RFP (Request For Proposal) A document that invites a vendor to submit a bid for hardware, software and/or services. It may provide a general or very detailed specification of the system.

1. (business) RFP - Request for Proposal.
2.
 is to transform the Armory into a unique mixed-use facility that will anchor the local community and create a unique destination to attract visitors from throughout the City and the region. The RFP envisions a mix of retail, entertainment, and recreational uses, as well as space for community uses.

"Realizing the potential of this unique building is a very high priority for the Bloomberg Administration," said EDC EDC

See: Export Development Corp.
 Interim President Joshua J. Sirefman.

"In addition to serving as an economic catalyst The term economic catalyst is is widely used in in the field of economy to describe entrepreneurs or companies who precipate a fundamental change in business or technology. A more precise definition of catalyst is based on the new economics of multi-sided platforms.  for the surrounding community, the redeveloped Kingsbridge Armory will serve as a model for the adaptive re-use of historic buildings, especially armories, throughout the country. I want to thank the members of the Task Force for their thoughtful input into and support of the RFP. I am confident that it will generate great interest in this monumental building."

To ensure that the selected project plan meets the needs of all stakeholders, EDC worked with the Kingsbridge Armory Redevelopment Task Force to craft the RFR RFR Radio Frequency Radiation
RFR Request For Resources
RFR Right of First Refusal
RFR Radio Free Roscoe (TV show)
RFR Risk-Free Rate (investing)
RFR Rio Frio, Costa Rica
 The Task Force includes city, state and city elected officials, their appointed community representatives, and city agencies.

The RFP delineates the economic development goals that responses must address, such as complementing the schools to the north of the Armory, strengthening and diversifying the local retail base, providing jobs for local residents, and incorporating principles of sustainable design.

"I have been working for many months with the Mayor's Office, the NYC NYC
abbr.
New York City


NYC New York City
 Economic Development Corporation, and community representatives through the Kingsbridge Armory Redevelopment Alliance on the Request for Proposals," said Bronx Borough President Adolfo Carrion. "This has been a constructive process and I look forward to reviewing the development proposals."

Built between 1912 and 1917, the Kingsbridge Armory was designed by the architecture firm of Pilcher and Tachau and is an outstanding example of military architecture featuring Romanesque arches, vaulted ceilings, decorative brick and terra cotta cot·ta  
n. pl. cot·tae or cot·tas
A short surplice.



[Medieval Latin, of Germanic origin.]
, and large battlement battlement

Parapet (portion above the roof) of the exterior wall of a fortification, consisting of alternating low portions (crenels) and high portions (merlons). Rooftop defenders would shoot from behind the merlons during times of siege.
 towers.

It is thought to be the largest armory in the world, containing 575,000 square feet of space, the heart of which is a drill floor measuring 180,000 square feet, more than a full City block.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:Oct 11, 2006
Words:394
Previous Article:The Bronx is putting itself back in the game.(real estate)
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