Texas DIR/ESBD #717-27-712

Texas Southern University master lease for student housing

Texas Southern University is seeking a short-term master lease to provide student housing near its Houston campus. - Government buyer: Texas Southern University (TSU), Procurement Services; the attachment identifies Sceffers Ward. - Requirement: Lease residential units in one or more buildings for approximately 350–450 student beds, within five miles of campus. TSU prefers one location but may make multiple awards. - Facility and pricing needs: Proposals should state gross rent per unit, including utilities and operating costs such as maintenance, security, repairs, insurance, property taxes, and pest and trash services. - Desired features include secure access, lockable bedrooms, laundry, community space, internet, parking, and amenities. - OEMs and vendors: No OEMs, specific products, or vendors are named. The opportunity is for experienced building owners or housing providers. - Term: Two-year initial lease, with up to two additional one-year renewals by mutual written agreement; commencement is contingent on premises being delivered. - Estimated value: $90,000 as stated in the initial release summary.

Description

Texas Southern University is seeking sealed proposals from experienced building owners to establish a short master lease for student housing. The facilities should provide approximately 350 to 450 beds and be located within five miles of the TSU campus; the University prefers all students to be housed together. TSU may award to one or multiple respondents if it determines that is in the University's best interest. The initial lease term is two years, with annual renewals by mutual agreement.

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