Description
• 30‑year ground‑lease for a mixed‑use residential‑retail development (≈ 0.6 acres).
• Required $50 k bid binder and three years of audited financial statements.
• Two‑phase proposal process: Phase I conceptual design; Phase II detailed financial and lease‑payment plan.
• Ground‑floor retail must be neighborhood‑serving (no liquor, vape, adult‑oriented businesses).
• Developer must self‑finance; APSU provides no financial assistance.