Summary of Specifications:
The Corporation of the City of Yonkers (the “City”), through the Department of Planning and Development and the Industrial Development Agency, is seeking one or more qualified developers to acquire a City-owned property (formerly the location of Boyce Thompson Institute for Plant Research) and redevelop the property for commercial purposes. The property is a 6.09 acre site located in northwest Yonkers at 1086 North Broadway, (Block 3455, Lot 66) at the southeast corner of North Broadway and Executive Boulevard. Currently on the site is a vacant 60,000 square foot, 2-story building with a series of adjoining greenhouses. The City is soliciting Proposals to establish a development contract as further described herein. To be considered as qualified, proposers should have ten (10) years successful commercial development experience with projects of similar scale. The City is seeking developers that can demonstrate the ability to execute this project without local governmental assistance and whose experience demonstrates the ability to adhere to strict time schedules. The City would like to see this project completed within three years from date of execution of an agreement with the City for acquisition and development, which agreement will require the approval of the Yonkers City Council.
