Request for proposal for Beacon Correctional Facility
Request Name:
Beacon Correctional Facility
Request Type:
Request Description:
New York State Urban Development Corporation, d/b/a Empire State Development (“ESD”), is seeking proposals for the purchase and redevelopment of the former Beacon Correctional Facility in Beacon, NY (the “Project”). Located one mile from vibrant downtown Beacon and sixty miles from New York City, the Beacon Correctional Facility (the “Site”) comprises approximately 39 acres of developable land. ESD invites qualified parties (“Respondent” or “Respondents”) to submit proposals (“Proposal” or “Proposals”) for a high-quality commercial or mixed-use development that will generate jobs and stimulate economic activity in the region. ESD will consider Proposals that include a residential component as part of a mixed-use development, but preference will be given to Proposals in which residential development is not the majority use of the Site. The Site presents an exciting development opportunity in light of its prime location, proximate resources, and available funding from the State of New York (“the State”). The area surrounding the Site is a popular artistic and cultural hub and major tourist destination, offering strong transit infrastructure (rail, ferry, air and vehicular) and an economic environment friendly to a wide variety of industries. The Site is also located in a federal Opportunity Zone, providing tax incentives for long-term investment in the area. In addition, the State has allocated $6 million in grant funding through the State and Municipal Facilities Program (“SAM”) to support the redevelopment of the Site. While SAM requires a separate application process, Respondents may include in their Proposals ideas for using up to $6 million of this funding for eligible capital purposes on the Site. Eligible capital purposes include:  Capital costs of construction, improvement, rehabilitation or reconstruction of facilities  Acquisition of capital facilities and assets  Acquisition of capital assets with at least a 10-year useful life for the sole purpose of preserving and protecting infrastructure  Economic development projects sponsored by the State or municipal corporations that create or retain jobs (this will require certification by the Department of Economic Development)  Environmental projects sponsored by the State or municipal corporations ESD will evaluate all Proposals in response to this Request for Proposals (“RFP”) in accordance with the Selection Criteria listed within this RFP. A Respondent who is conditionally designated through this RFP process is referred to herein as a “Designated Developer.” To get a better sense of the Site and surrounding area, we encourage you to view this promotional video created by ESD:
Response Due Date:
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