Description
Austin Peay State University is leasing a 0.6‑acre parcel (Lot 26) in Clarksville, TN for a 30‑year ground‑lease to develop a mixed‑use residential complex with ground‑floor retail and priority housing for university faculty and staff. The developer must design, finance, construct, operate, and manage the project, propose a ground‑rent or profit‑share model, and provide a demolition or in‑lieu payment at lease end. The RFP proceeds in three phases, with key deadlines from June 2026 through August 2027.
• 0.6 acre site at 210 College Street, Clarksville – approx. 30‑year lease with renewal option.
• Required deliverables: conceptual Phase I proposal, detailed Phase II financing and operations plan, and eventual lease execution.
• Mandatory bid bond of $50,000 with Phase II submission; developer must fund the entire project and assume end‑of‑term demolition or payment obligations.