Description
The Veterans Administration is conducting market research for an Enhanced‑Use Lease (EUL) development at the Lyons VA Medical Center campus in New Jersey. The VA seeks qualified developers—particularly SDVOSBs and VOSBs—to propose adaptive‑reuse projects (e.g., wellness center, supportive housing, mixed‑use) for historic buildings (B18, B19, B25, B26, B55) that are currently vacant and in serious disrepair. Developers would enter a ground‑lease up to 99 years, finance, renovate, operate, and maintain the facilities, providing at least 51 % of the work if an SDVOSB/VOSB. The VA will receive cash rent only and requires compliance with historic preservation standards.
• Assets include five historic buildings (total ~103,000 GSF) with lead‑paint and asbestos concerns.
• Required qualifications: proven real‑estate development and financing experience, ability to secure public/private capital, and capacity to perform ≥ 51 % of work for SDVOSB/VOSB firms.
• Responses must be ≤ 15 pages, single‑spaced, on official letterhead, submitted by 8 Jan 2027 to Sharon Sirotnak.