NEW YORK CITY—Governor Andrew Cuomo kicked off a major expansion of the Jacob K. Javits Convention Center on Tuesday. The New York Convention Center Development Corp.—which is a state subsidiary that owns the Javits Center—has issued a Request for Qualifications from Design-Build teams interested in completing the project. The Corporation will evaluate the respondents and select up to three qualified developers, which will then receive Requests for Proposals in June of this year to design and build the facility's additions.
The Design-Build procurement method was made possible for this project by the New York Transformational Economic Development Infrastructure and Revitalization Projects Act, which went into effect Tuesday. Design-Build is a cost-saving procurement approach that incentivizes the private sector to accelerate the completion of large-scale infrastructure projects and to shift the risk of cost-overruns and delays to the private contractor building the project. This approach is being used to reconstruct the Tappan Zee and Kosciusko Bridges, as well as advance a number of priority transportation projects throughout the State.
“Javits is the busiest convention center in the nation but we need to keep building and growing if we want to remain competitive, and that is exactly what we are doing,” says Governor Cuomo. “This is part of the most ambitious and far-reaching agenda we have ever done. We've set the bar very high—not just rebuilding what is, but building for what can and should be—and the massive expansion of the Javits Center is proof that we are building for the future.”
In 2014, the Javits Center hosted 177 events and more than two million visitors–ultimately supporting 17,500 jobs locally and generating an estimated 478,000 nightly hotel room reservations. In total, the Javits Center had an economic impact of $1.8 billion in 2014.
Ultimately, the Governor's proposal is projected to create 4,000 full-time jobs, 2,000 part-time jobs and 3,100 construction jobs; generate $393 million in new economic activity a year, a 22% increase to the $1.8 billion of activity generated in 2014; and generate 200,000 additional hotel room nights a year, a 42% increase in the number of room nights booked by event guests.
The Convention Center Development Corporation plans to establish an affordability ceiling in the RFP for the Design-Build price. The project will be funded through a state appropriation of $1 billion, bond issuance proceeds, finances available on hand, and other sources as needed.
The Design-Build procurement method was made possible for this project by the
“Javits is the busiest convention center in the nation but we need to keep building and growing if we want to remain competitive, and that is exactly what we are doing,” says Governor Cuomo. “This is part of the most ambitious and far-reaching agenda we have ever done. We've set the bar very high—not just rebuilding what is, but building for what can and should be—and the massive expansion of the Javits Center is proof that we are building for the future.”
In 2014, the Javits Center hosted 177 events and more than two million visitors–ultimately supporting 17,500 jobs locally and generating an estimated 478,000 nightly hotel room reservations. In total, the Javits Center had an economic impact of $1.8 billion in 2014.
Ultimately, the Governor's proposal is projected to create 4,000 full-time jobs, 2,000 part-time jobs and 3,100 construction jobs; generate $393 million in new economic activity a year, a 22% increase to the $1.8 billion of activity generated in 2014; and generate 200,000 additional hotel room nights a year, a 42% increase in the number of room nights booked by event guests.
The Convention Center Development Corporation plans to establish an affordability ceiling in the RFP for the Design-Build price. The project will be funded through a state appropriation of $1 billion, bond issuance proceeds, finances available on hand, and other sources as needed.
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