Monday, Dec 23rd

Scarsdale Seeks Preferred Developer for Freightway Redevelopment Site

Freightway SiteOn Monday, July 16, 2018 Village officials distributed a Request for Expression of Interest (RFEI) to the development community for the Freightway Site.

The site is a 2.5 acre Village owned property currently used for commuter and merchant parking in an aging five-story parking garage and two surface parking lots. The site is located between Scarsdale Avenue and Garth Road, and includes:
• the Open lot which bounds Popham Road to the north;
• the Freightway Garage site; and
• the Beatty Lot, located south of the Freightway Garage.
The Scarsdale Metro North train station is north of the site and the tracks are located to the east of the site.

For the past 30 years, numerous studies have focused on the site, due to its key location in the Village Center. In March 2017, the Village Board of Trustees established a Freightway Steering Committee (FSC) to develop a visioning study for the site. The final Visioning Study (Study) incorporated a broad and meaningful public engagement process, and was guided by the FSC and supported by technical planning and market professionals. The Study provides a community-based vision that ensures future redevelopment, enhancing the Village Center while meeting local needs. The Study was completed and presented to the Board of Trustees in February of 2018. The Village Board of Trustees (BOT) views the development of the Site as critical to the evolution of the Village Center, and has commenced a two-step process to engage a preferred developer. The first step is to develop and distribute the RFEI which is designed to garner information from the development community on suggested conceptual development plans, zoning paradigms and creative financial models. This process will identify qualified developers with construction experience and the financial wherewithal to complete complex, mixed-use, transit oriented development projects.

Once the RFEI responses are evaluated, a short list of developers will be created and a Request for Proposal developed. The Request for Proposal will include information obtained from the RFEI submissions. The selected firms will provide a detailed proposal describing their proposed development plan, the associated zoning, and the preferred financial model to successfully complete the project. The responses to the Request for Proposal will be evaluated by Village officials, resulting in the selection of a preferred developer for the Freightway Redevelopment Site.

The Request for Expressions of Interest is located here. Read the Visioning Study here.