On behalf of the New York City Economic Development Corporation (NYCEDC) and the borough of Staten Island, HR&A prepared a long-range implementation plan for the redevelopment of the Homeport Naval Base in Stapleton. The final plan included a mixed-use waterfront environment with modest residential development, retail, banquet, and restaurant space, and site-creating amenities such as a waterfront esplanade and improved streets. The plan also projected significant financial and economic development returns to the city. In the fall of 2004, in response to the consensus-based economically viable plan, Mayor Bloomberg announced that the city would provide capital investments of $70 million in essential up front costs that would create market-ready parcels.