Student Housing Facilities Lease for Athletics

The University of Minnesota is seeking proposals to lease apartments for student-athletes. The selected respondent will be expected to provide all maintenance and operational services, including utilities and wifi, and to maintain the leased apartments during the term of the lease. The university is looking to lease approximately 115 bedspaces within fully furnished apartments, with private bedrooms and bathrooms, kitchen, and living room. The lease term will be for an initial two years, with the option to renew for three additional one-year terms. • The university requires the respondent to provide a detailed description of the proposed facility and individual units. • The respondent must also provide information on parking arrangements, ADA requirements, fire/life safety equipment, security controls and systems, and utilities. • The university will evaluate proposals based on accommodations, location, management, and references/experience of the facility, as well as financial offers and proposed terms and conditions of the lease.