University of Illinois at Chicago
Request for Proposal: Development Partner for New Housing and Facilities
Awarded to:Vendor: American Campus Communities Developer /Collegiate Housing Foundation Owner, Chicago, IL
Amount: $100,000,000
Terms: One-time transaction
Number of Unsuccessful, Responsive Respondents: 7
Comments:
This solicitation is awarded as a 40 year land lease and as a concession in accordance with 30 ILCS 500/53-25 and pursuant to which a wholly owned subsidiary (limited liability company) of Collegiate Housing Foundation, a national 501(c) (3) tax exempt organization (the Student Housing Company) will be a lessee under a ground lease concession with the University. The Student Housing Company will engage the Developer (American Campus Communities, Austin, TX), and the Developer will engage the contractor (Pepper/Brown Construction, Chicago, IL) and other design professionals to develop, construct and operate the Project consisting of a 550 bed dormitory and 51,000 sq. ft. integrated classroom facility. The Project will be financed through bonds issued by the Illinois Finance Authority. The University will be entitled to the net revenue from the Project under the ground lease. The University will make an upfront contribution to support the tax exempt financing for the Project and will manage certain activities of the student housing program.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
The opening date has been changed to January 13, 2017.
The additional document entitled "160815 Academic space program...." has been added.
Six additional documents were attached. Please review for additional information.
The bid opening date has been changed to December 30, 2016. There are ADDITIONAL edits as per the attached "amendment 1" document.
First published Monday, October 31, 2016
Sealed proposals will be accepted at the address below until 3:00 PM, Friday January 13, 2017:
University Office of Capital Programs and Real Estate Services
208 Henry Administration Building MC-321
506 South Wright Street
Attention: Bruce Walden, Director
Urbana, IL 61801
The University of Illinois at Chicago ("UIC" or the "University") is soliciting qualifications and proposals from experienced development teams for new student housing and academic facilities (the "Project") located on the University's campus in Chicago, Illinois. The selected development team will be responsible for planning, designing, financing, and potentially owning / managing the Project to be constructed on University owned land.
See the attached files for more information.
For additional information, contact:
Mary White
807 S. Wright, Suite 340
Champaign, IL 61820
Phone: (217) 244-8518
FAX: (217) 244-0882
State Purchasing Officer - John Knittle
There is a BEP goal for this procurement. See solicitation documentation for details. The contract(s) for this solicitation could exceed $50,000 annually.
This transaction is subject to the State Board of Elections registration and certification requirements of Public Act 095-0971.
The State of Illinois has a policy to encourage prospective vendors to hire
qualified veterans, minorities, females, persons with disabilities and ex-offenders.
