The RFP, which calls the surrounding neighborhood "underserved" by grocery, stipulates a supermarket of no less than 40,000 square feet, as well as an additional 20,000 square feet of neighborhood retail space. It also entails at least 40,000 square feet on an upper floor to accommodate light industrial uses, and could include additional upper floor commercial uses.

According to the RFP, the developer must also repair and renovate the Timber Shed and Building B, the two 19th century historic buildings that will be preserved per the May agreement with the National Guard Bureau. The developer must obtain at least LEED Silver certification for new and renovated buildings, the RFP states, and the design must complement the ongoing renovation of the Brooklyn Navy Yard.

"In addition to the rapidly growing surrounding communities," which include Fort Greene, Clinton Hill, Bedford Stuyvesant and Greenpoint/Williamsburg among others, "nearly 40,000 residents live within a 10-minute walk of the site and 5,000 people work at the Navy Yard everyday," says Andrew Kimball, president and CEO of the BNYDC, in a release. "Our goal is to put this property back to productive use by providing a unique opportunity for developers with the capacity and track record of establishing supermarkets and community-oriented retail that will serve the community and create local jobs."

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.