The Regents of the University of California (“University”) on behalf of its Davis campus (“UC Davis”) is seeking a Developer or Developers (“Developer”) to design, construct, own and manage two rental apartment communities to serve UC Davis students with families and graduate students, and transfer students respectively. The Developer will be selected from those Developers previously selected through the University’s Request for Information for the Development of Student Housing, dated November 15, 2016 and listed below:
- American Campus Communities
- Capstone Development Partners LLC
- Balfour Beatty
- Hunt Companies
- University Student Living
- CA Student Living
The two projects envisioned by UC Davis will be the Orchard Park project and the West Village Transfer Student Housing project ("Project" or collectively, “Projects”). The Orchard Park Project will provide 200 affordable two-bedroom apartment units to serve UC Davis student families, married students or students with registered domestic partners, and a target of an additional 700 beds for single graduate students. The West Village Transfer Student Housing Project will provide a target of 1,875 beds of apartment-style student housing, a majority of which (approximately 1,000 beds) will be master leased back to the UC Davis campus to serve the large transfer student population.
Respondents to the Stage 1 Request for Proposals (“RFP”) may respond for either one or both Projects. Through this RFP, the University intends to select a Developer or Developers with whom it may negotiate and enter into a ground lease or ground leases and/or other agreements for one or both Projects. The selection process will be conducted in two stages. A short list of Developers will be selected from those Developers responding to this Stage 1 solicitation and will be invited to respond to the Stage 2 RFP. Stage 2 of the process will include detailed pro formas, a design charrette and an additional Developer interview.