Enhanced-Use Lease of VA Property for the Development and Operation of Parking and Commercial Facilities at the Department of Veterans Affairs Samuel S. Stratton VA Medical Center in Albany, NY

The Department of Veterans Affairs intends to enter into an enhanced-use lease of approximately 2.4 acres of underutilized land at the Samuel S. Stratton VA Medical Center in Albany, New York. The selected lessee will finance, design, develop, construct, operate, manage and maintain a parking facility, and potentially a commercial facility. As consideration for the lease, the lessee will be required to provide VA with a new office building, at no cost to VA.