PVAMU Ground Lease Development Opportunity

The Texas A&M University System is soliciting proposals for the selection of a real estate developer(s) to enter into a real property ground lease for the development of commercial (office and retail) and/or mixed-use development on the property of Prairie View A&M University (PVAMU) in Prairie View, Texas, located in Waller County. The developer will be responsible for securing private financing, complying with all applicable laws and regulations, and providing payment and performance bonds. The developer will also be responsible for all costs associated with the development, construction, management, and operation of the project. The A&M System is seeking proposals from interested developers for the development of approximately 53 acres of undeveloped land near the intersection of US290 and University Dr. on the PVAMU campus. Proposals are due by 2:00 PM CST on May 18, 2022.

The solicitation requires respondents to submit a detailed HUB Participation Plan describing their commitment to involving Historically Underutilized Businesses in the project. The A&M System may award the lease to one or more respondents based on the proposal(s) that represent the best value to the system. No other set-aside designations, restrictions on organization types, incumbent vendors, or budget ranges were provided in the information. The ground lease opportunity is open to qualified real estate developers interested in developing commercial and/or mixed-use projects on the PVAMU campus.