City seeks RFP in Bx for development site.

New York City Economic Development Corporation is calling for Request for Proposals for the sale and development of an approximately 74,500s/f site in the Kingsbridge-Riverdale section of the Bronx.

The property is currently a surface parking lot near the northeast corner of 230th Street and Broadway. It is adjacent to a privately-owned vacant lot of about 11,000 s/f.

"This RFP presents a unique opportunity for development of one of the last significantly-sized vacant sites in this area of the City," said EDC president Andrew M. Alper.

"The successful development proposal will capitalize on the strength of consumer demand and activity, and enhance local neighborhood businesses, as well as connect retail and office uses on the 230th Street and Broadway corridors."

Because the inclusion of adequate parking will be an important consideration in evaluating the proposals, respondents that demonstrate an understanding of parking issues and traffic flow will be given preference The property is currently being used through a short-term lease as a parking lot, but will be delivered vacant at closing.

The property is directly north of the Harlem River Broadway Bridge and is easily accessible to consumers and workers living in Upper Manhattan, Yonkers and the Bronx. It is also accessible to the Major Deegan Expressway via 230th Street. The 230th Street subway station on the 1 and 9 lines is only one block away and frequent buses serve both Broadway and 230th Street.

The Kingsbridge/Riverdale area consists of a vibrant grouping of residential areas, with a variety of retail uses including restaurants, major grocery stores and national clothing stores, as well as smaller stores and service establishments. A Target store development under construction near the site will further enhance the location's attractiveness for retail use.

EDC will use a variety of criteria to evaluate proposals, including economic impact on the city, development team qualifications, financial feasibility, relationship to community and design components.

For a complete RFP package, visit www.nycedc.com/kRFP or call [phone]. A question and answer session for the RFP will be held on Wednesday, September 22, 2004 at 9:00 a.m., at EDC's offices, 110 William St., Fourth Floor. Those wishing to attend the meeting are asked to call [phone] on or before Thursday, September 16. Proposals are due no later than 4:00 p.m. on October 20, 2004.