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  4. ›R799--Lyons EUL Development Opportunity Sources Sought…

U.S. Department Of Veterans Affairs·New Jersey

R799--Lyons EUL Development Opportunity Sources Sought COR: Sharon Sirotnak

Closes 1/8/2027$5M – $15MRequest for Expression of Interest
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Description

The Department of Veterans Affairs is conducting market research for an Enhanced‑Use Lease (EUL) development at the Lyons VA Medical Center in New Jersey. The VA seeks qualified developers—particularly Service‑Disabled Veteran‑Owned Small Business (SDVOSB) or Veteran‑Owned Small Business (VOSB) firms—to express interest in redeveloping five historic buildings (B18, B19, B25, B26, B55) into a wellness center, supportive housing, or other veteran‑benefiting uses. Developers must demonstrate capability to finance, design, construct, operate, and maintain the project, performing at least 51 % of the work if an SDVOSB/VOSB. The lease may run up to 99 years with cash rent only; no in‑kind consideration is permitted. • Buildings total ~103,850 GSF; all are on the National Register of Historic Places and require extensive remediation (asbestos, lead‑paint, mold). • Developer must bring utilities back online, address parking constraints, and comply with the Secretary of the Interior’s historic‑preservation standards. • VA will use responses to decide whether to issue a future solicitation and whether to set‑aside the award for SDVOSB/VOSB firms.

Attached files

Contact

Steven Grzybowski(Contracting Officer)

[email protected]

(216) 447-8300

Key dates

Opened
10/28/2026
Questions due
12/4/2026
Closes
1/8/2027
Duration
99 years

Last updated

Details

Type
Request for Expression of Interest
Industry
Property Development
NAICS
541611
Solicitation №
36C77627Q0038

Budget estimate

$5,000,000 – $15,000,000

No direct contract value is disclosed; the VA will receive cash rent for a ground lease that can extend up to 99 years. Assuming a typical ground‑lease rate for comparable VA properties (approximately $0.50‑$1.50 per square foot per year) and the total square footage (~104 k GSF), annual rent could range from $52,000 to $156,000. Over a 99‑year lease, total cash consideration would be roughly $5 million‑$15 million. This estimate accounts for uncertainties in rent negotiation, inflation adjustments, and potential tenant‑paid construction costs.

AI estimate from the solicitation

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