New York Governor Kathy Hochul has recently announced a Request for Proposals (RFP) for the redevelopment of 621 W. 45th St., a state-owned parcel located near the Intrepid Sea, Air & Space Museum in Manhattan’s Hell’s Kitchen neighborhood. This exciting project offers a unique opportunity to transform one of the largest undeveloped parcels on Manhattan’s Far West Side into a remarkable residential and mixed-use development.
Governor Hochul emphasized the significance of this redevelopment, stating, “By converting this underutilized state-owned property into a vibrant mixed-use development that includes a substantial affordable housing component, we are addressing the shortage of housing in a highly sought-after area. This initiative will contribute to the growth and vitality of the Hell’s Kitchen community and beyond.”
Currently functioning as a surface parking lot, the site spans approximately 50,584 square feet along the east blockfront of Twelfth Avenue, between West 45th and West 46th streets. Interested parties can access the RFP on the Empire State Development website and submit their proposals by May 15.
This redevelopment project presents an excellent opportunity for developers to contribute to the expansion and enhancement of Manhattan’s real estate landscape. The addition of residential and mixed-use facilities will not only meet the growing demand for housing but also create a dynamic and thriving community in Hell’s Kitchen. With its prime location near the Intrepid Sea, Air & Space Museum, the redeveloped site will undoubtedly attract residents and visitors alike.
Investing in this project aligns with the vision of revitalizing and transforming urban areas, providing a boost to the local economy and improving the overall quality of life for residents. The inclusion of affordable housing ensures that the development caters to a diverse range of individuals, fostering inclusivity and accessibility.
Developers interested in participating in this exciting venture should carefully review the RFP and submit their proposals to Empire State Development by the specified deadline. This is an opportunity to make a lasting impact on Manhattan’s real estate market while contributing to the growth and prosperity of the Hell’s Kitchen neighborhood.
