Offering Memorandum for Hotel Developer

Texas Tech University (TTU) is seeking a development team to design, construct, finance, operate, and maintain an upper upscale, full-service hotel with a minimum of 100 rooms on TTU-owned property in Lubbock, Texas. The opportunity is posted as an Offering Memorandum for Hotel Developer, with a due date of June 5, 2024. The procurement involves the Lubbock County and Lubbock City jurisdictions. Respondents must demonstrate the necessary qualifications and expertise to deliver the project's key objectives, which include designing, constructing, financing, operating, and maintaining the hotel facility. Evaluation criteria may include the proposed design, construction plan, financing strategy, and operational approach. The procurement process includes deadlines for questions and proposal submissions.

The solicitation does not mention any set-aside designations or restrictions on the types of organizations that can respond. The document does not provide information on any incumbent vendors or current contractors, nor does it specify any existing infrastructure or technology that requires integration. The award value or budget range for this opportunity is also not disclosed.