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U.S. Department Of Veterans Affairs·New York

Bronx EUL Development Opportunity Sources Sought

Closes 11/10/2026$2M – $5MRequest for Information
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Description

The U.S. Department of Veterans Affairs is conducting market research for an Enhanced‑Use Lease (EUL) project at the James J. Peters VA Medical Center in the Bronx, NY. The agency seeks a qualified developer to finance, design, construct, operate, and maintain a parking structure of at least 900 spaces on a vacant 1.6‑acre parcel. The developer will lease the land from VA for up to 99 years, provide free weekday parking for veterans, and assume responsibility for utilities, site preparation, and ongoing maintenance. The notice is a Sources‑Sought (information‑gathering) solicitation; no budget, award date, or performance schedule is provided. The government may consider a set‑aside for Service‑Disabled Veteran‑Owned Small Business (SDVOSB) or Veteran‑Owned Small Business (VOSB) participants, requiring at least 51 % of the work to be performed by the qualifying firm. Responses must be submitted by 11 Oct 2026 12:00 PM ET to the designated point of contact. • Minimum 900 parking spaces on a ~1.6‑acre site adjacent to the VA campus. • Developer must secure financing, design, construct, and operate the garage; VA will receive cash rent only. • Free parking for veterans during standard business hours; no fees may be charged to veteran users. • Eligibility for SDVOSB/VOSB set‑aside; developer must perform ≥ 51 % of the work. • Response deadline 11 Oct 2026 12:00 PM ET; questions due 09 Oct 2026.

Attached files

Contact

Steven Grzybowski(Contracting Officer)

[email protected]

(216) 447-8300

Key dates

Opened
10/19/2026
Questions due
10/9/2026
Closes
11/10/2026
Duration
99 years

Last updated

Details

Type
Request for Information
Industry
Property Development
NAICS
541611
Solicitation №
36C77626Q0277

Budget estimate

$2,000,000 – $5,000,000

The solicitation does not disclose a contract value. Based on a typical cost of $30‑$35 k per parking space for a 900‑space structure, construction costs likely range $27‑$31 million. Assuming the developer earns a lease‑rate equal to a modest percentage of construction cost (e.g., 5‑10 % over the lease term) and adds revenue from parking‑operations, the annual net income could fall between $2 million and $5 million. Thus, a reasonable ball‑park estimate for the developer’s earnings over the lease term is $2‑5 million per year.

AI estimate from the solicitation

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