New York State has issued a Request for Proposals (RFP) for the commercial or mixed-use development of 418 11th Avenue, one of the last remaining vacant land parcel located in Manhattan.
This 1.2-acre site, called as Site K, is owned by the New York Convention Center Development Corporation, an Empire State Development (ESD) subsidiary.
Go deeper with GlobalData
New York Governor Andrew M Cuomo said: “From the opening of Moynihan Train Hall to the High Line expansion, we are creating a vibrant, transit-oriented Midtown West that is designed to fuel significant economic growth as we restart our state’s economy.
“Site K will bring even more opportunities to this flourishing New York neighborhood, with improved transit, new outdoor spaces and affordable housing opportunities – a true testament to our commitment to build back better.”
ESD acting commissioner, and president and CEO-designate Eric Gertler said: “Governor Cuomo’s vision to transform Manhattan’s West Side takes a big step forward with ESD’s issuance of the Site K RFP.
“As we continue to advance our work on the Javits Center expansion, this project presents a unique development opportunity at the front door of one of New York’s most highly trafficked destinations, hosting world-famous events and industry gatherings attended by hundreds of thousands of visitors, convention-goers and New Yorkers annually.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataSite K is bounded by 35th and 36th Streets, and 11th Avenue and Hudson Boulevard West.
The development of this property is part of Governor Cuomo’s broader Midtown West redevelopment that was announced as part of the 2021 State of the State agenda.
Respondents may propose a commercial or mixed-use development that is complementary to the Jacob K. Javits Convention Center, which is currently undergoing a $1.5bn, 1.2 million ft2 expansion.
Proposals featuring residential use need to include 30% permanently affordable units as outlined in the RFP.
Last date for submissions of proposals is 6 May.
