Port Authority has backup plan for ConRAC

New York/New Jersey– The New York and New Jersey Port Authority Board of Commissioners announced that it approved a $170 million allocation to build a new, 3,000-vehicle rent-a-car facility and public parking complex at Newark Airport. This will consolidate the airport’s rent-a-car facilities into a single complex next to the airport’s soon-to-be-redesigned Terminal A. There are two versions of the consolidated rent-a-car facility (ConRAC) plan with a $40 million difference between them.

 

The first would involve a private developer to design, build, finance, operate and maintain a ConRAC at the airport. The Port Authority’s contribution to the project – which would include a public parking garage – would be capped at $130 million. If negotiations with developers are unsuccessful and a deal isn’t reached before December, the Port Authority will move ahead with Plan B- build its own stand-alone garage at a budgeted cost of $170 million. Construction of the proposed integrated facility – which also allows for installation of a solar roof structure and electrical vehicle charging stations – could start in mid-summer 2019 and continue through the end of 2022, with the public parking elements completed by September 2021.

Scarsdale officials issue RFEI for Freightway developer

New York- The redevelopment of the Freightway site in Scarsdale has taken a step forward as officials have outlined a two-part process to find a developer for an aging five-story parking garage and two surface lots. In February, the Freightway Steering Committee presented a study of the 2.5-acre site. The report considered eight months of public input and research. The request for expression of interest (RFEI) calls for developers’ conceptual plans and a description of how they should integrate a mixed-use facility that includes housing, retail, public space and parking. Submissions will be accepted until Oct. 15.

The ideas outlined in the committee’s report are estimated to cost between $52 million and $173 million. There are four different development suggestions from a feasibility study that was conducted earlier in 2018. The next step calls for creating a brief list of developers and a request for proposals, which will take into consideration ideas gathered from the RFEIs. The firms will then submit a proposal with development plans, which will be reviewed by village officials. It could take 9 to 12 months before a final developer is chosen for the project.

Construction starts next year on National Western Center

Colorado– A collaborative project between the city of Denver, Denver County, Colorado State University and the Western Stock Show Association will transform the stock show campus along Interstate 70 into a year-round destination. The first two phases of construction, costing $756 million, will stretch over the next seven years for the National Western Center. The redevelopment will preserve historic buildings, connect the site to the South Platte River and surrounding neighborhoods, and potentially create one of the largest campuses to be powered by renewable energy.

 

Major assets within the National Western Center’s first two phases will include redevelopment of the stockyards, construction of a 508,000-square-foot, year-round Equestrian Center with 1,050 below-grade parking spaces, and a Livestock Center, including an equestrian barn and arenas. When not in use for the stock show, the 325,000-square-foot Livestock Center will provide multiuse space for small concerts and other events.

 

The final piece to the National Western Center, a 60-acre parcel known as the Triangle, will include construction of a new 10,000-seat event center to replace the Denver Coliseum, along with a Trade Show and Exhibit Hall, structured parking and renovation of the historic 1909 Stadium Arena into a new use. A request for qualifications is expected to go out late this year. National Western Center partners will be looking for innovation and creativity to deliver the required and associated uses on the Triangle site. The hope is for the county to start breaking ground on the projects as early as 2019.

State issues RFEOI to attract replacement of developer

Maryland– Maryland has re-launched development of the State Center project in Midtown Baltimore. The Maryland Stadium Authority and the Maryland Department of General Services issued a request for expression of interest (RFEOI)in taking over the redevelopment of 28 acres of state offices. The site is considered a transit-oriented development by city and state officials for its location adjacent to subway and light rail stops. It’s also near Symphony Center, a complex of apartments, offices and shops. The project, however, remains mired in lawsuits with a developer that began working on a $1.5 billion plan in 2009.

 

Baltimore sued the firm for its delayed progress and the firm countersued the city for breaking contract. It’s not clear how the litigation will be resolved, or if the project can proceed. The RFEOI is viewed as the first step in a multi-step process of selecting a new master developer which will serve as a basis for creating a short list of firms invited to respond to a request for proposals. Responses from interested developers are due Aug. 22 and results are expected in September.