UNT Resident Hall and Innovation Center P3

The University of North Texas System is seeking a Developer to develop and provide various funding structure options for a new residence hall in the center of UNT’s main campus in Denton, TX. The innovative residence hall will blend 1,000 community-oriented beds with a state-of-the-art Innovation Center. The project will contain approximately 1,000 community-oriented beds, likely in a pod configuration or similar, and residence life amenities with a state-of-the-art Innovation Center. The Innovation Center will promote multi-disciplinary academic discovery for UNT’s campus through a mix of incubator space, meeting spaces, and technologically driven creative spaces focused on entrepreneurial development, music and multimedia. • The residence hall will have an emphasis on strong community elements and shared amenities including lounges, social areas, recreation spaces, study rooms, community laundry and kitchens that encourage student engagement and promote meaningful student interactions. • The project must also contain approximately 28,000 sf of ground floor space designated for the Innovation Center. • The University anticipates evaluating a variety of funding sources for the residential components of the project, including the potential for tax-exempt bonds, traditional debt, and / or equity. • The University desires to keep rental rates consistent with UNT’s market; therefore, housing cash flows will not subsidize the innovation center construction or operations.