The University released today the second part of their Request for Proposals for the East Campus Redevelopment Initiative, a massive project to redevelop the 38 acres of university-owned land pictured above. This document was released to a “short list” of the companies that made it past the first round of the application process. The university told us they would not release the names companies selected to participate in the Part B of the process. The initial selection was made by an “Evaluation Committee” which contained no student representation we are aware of.
The document instructs the companies to create a “lively, successful town center destination in which they can work, shop, live, learn and play. The project should create a pedestrian friendly environment that complements and grows the many assets of the University.” While the 18-page document specifies that “no specific use or tenant mix is required” it identifies four components that an “optimal project” would address: housing, an affordable infant and childcare program, a “high quality” hotel, and a bookstore. The document contains the following information regarding their plans for housing (emphasis added):
– upscale market rate housing geared towards empty nesters, professionals, faculty, staff, and families to enjoy the many amenities of a university-oriented town center;
– affordable graduate housing with a approximately 450 beds. The mix should be approximately one-third of the beds in 2 BR, 1 BA units and two-thirds of the beds in 4 BR, 2 BA units. In 2006 dollars, the affordable rental rate for 2BR units is approximately $950/month/bed and the for 4BR units the affordable rental rate is approximately $600/month/ bed. Resident graduate students will be permitted to purchase on-campus parking on the same basis as other students, on a first- come, first-served basis.
– East Campus is intended to include a mix of housing types, including a healthy market rate component. It is not intended to be a predominantly student housing community.
Developers are instructed to submit detailed financial tables describing the impact of including the following into their proposals should they choose not to include them: “Undergraduate housing replacement including costs, time constraint on demolishing undergraduate housing, graduate student housing rent caps, child care, including development of facility and program operation etc, bookstore, hotel.” The RFP directs the companies to take into consideration the University’s Environmental Stewardship Guidelines and incorporate the proposed Purple Line into the design.
The document also says that proposals could remove the Old Leonardtown complex with or without replacement of the 240 undergraduate beds, the proposal should make up for the loss of revenue for the university. New Leonardtown, on the other hand, is described as important for the university and “New Leonardtown will not be permitted to be developed unless and until the University is assured that: a) all undergraduate beds will be replaced and be affordable to the students, and b) the net revenue from New Leonardtown is fully and satisfactorily addressed.”
These are just some of the interesting details we picked out after a cursory reading. What do you think of the document?