Description
Austin Peay State University seeks a qualified developer to design, finance, construct, operate, and lease a residential multi‑family housing project (including ground‑floor retail) on a 0.6‑acre parcel at 210 College Street, Clarksville, TN. The developer will enter a 30‑year ground‑lease, provide market‑based rent or profit‑share remuneration, and meet employee‑housing preferences and retail‑type restrictions. The scope includes all phases from concept design through long‑term operations, with a $50 k bid bond required for Phase II.
• Scope: Design, financing, construction, operation, and leasing of a mixed‑use residential complex (faculty/staff housing plus retail).
• Site: Single 0.6‑acre urban parcel; “as‑is” condition; developer assumes environmental remediation.
• Financial: No upfront funding from APSU; developer must propose rent/profit‑share and provide audited financials for the past three years; $50 k bid bond required.
• Key Milestones: Pre‑proposal conference July 16 2026; Phase I deadline Oct 9‑30 2026; Phase II deadline Jan 5‑26 2027; award anticipated July 9 2027.