Description
Austin Peay State University is seeking a qualified developer to lease a 0.6‑acre parcel at 210 College Street, Clarksville, TN, and to design, finance, construct, operate, and manage a residential multi‑family housing complex with ground‑floor retail (preferably grocery or pharmacy). The developer will assume “as‑is” site conditions, provide innovative parking solutions, incorporate faculty‑ and staff‑housing benefits, and deliver a 30‑year ground lease with an optional renewal. The procurement proceeds through a two‑phase proposal process, with a Phase I conceptual deadline on 29 Sept 2026 and a final Phase II detailed submission deadline on 5 Jan 2027. The award is anticipated in July 2027, with lease execution by August 2027.
• Design, finance, construction, and long‑term operation of a mixed‑use residential‑retail project (≈ 100+ units).
• Ground‑lease structure: ~30‑year term, end‑of‑term demolition or payment in lieu, $50k bid bond required.
• Mandatory qualifications include audited financial statements, experience with similar multi‑family projects, and compliance with Tennessee nondiscrimination and conflict‑of‑interest rules.