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U.S. Department Of Defense·Kentucky

Enhanced Use Lease for High-End Mixed-Use Residential & Commercial Facilities

Closes 5/29/2026$50M – $500MRequest for Proposal
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Description

The Department of the Army is soliciting proposals for an Enhanced Use Lease (EUL) of non-excess land at Joint Base Myer-Henderson Hall. The selected Offeror will be responsible for designing, financing, permitting, developing, constructing, installing, owning, maintaining, operating, securing, and decommissioning the proposed project. The project may be for high-end mixed-use residential and commercial facilities, a conference and events center, or a combination of both. The lease term will be 50 years, with an option to renew. The Offeror will be required to provide consideration in the form of in-kind, cash, or a combination thereof, not less than the fair market rental value of the lease interest. Some key points to consider include: • The Offeror will be responsible for all costs associated with the project, including utilities, infrastructure, and environmental mitigation. • The Offeror will be required to comply with all applicable federal, state, and local laws and regulations. • The Offeror will be required to provide a conference and events center for the Department of the Army's sole use, if proposing Project Option 1. • The Offeror will be required to construct the conference and events center within 30 months of execution of the Business Terms Agreement.

Attached files

Contact

Brett Scharlow(Primary Contact)

[email protected]

Key dates

Opened
4/28/2026
Questions due
5/15/2026
Closes
5/29/2026
Duration
50 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110
Solicitation №
W912-QR-DACA-27-9-26-0033100

Budget estimate

$50,000,000 – $500,000,000

The budget for this opportunity is expected to be substantial, given the 50-year lease term and the requirement for the Offeror to provide consideration in the form of in-kind, cash, or a combination thereof, not less than the fair market rental value of the lease interest. The fair market value of the lease interest is not specified in the document, but it is likely to be in the millions of dollars, considering the size and location of the property. The selected Offeror will also be responsible for all costs associated with the project, including utilities, infrastructure, and environmental mitigation, which could add tens of millions of dollars to the total cost. Overall, the budget for this opportunity could range from $50 million to $500 million, depending on the specifics of the proposal and the requirements of the Department of the Army.

AI estimate from the solicitation

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