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University of Northern Iowa·Iowa

Mixed Used Destination District

Closes 8/22/2025$50M – $200MRequest for Qualification
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Description

The University of Northern Iowa is seeking a Master Developer or Site-Specific Developer to develop a mixed-use "Destination District" on university-owned land adjacent to the UNI-Dome/McLeod Center and Academic Campus. The project aims to create a vibrant mixed-use environment with a mix of lodging, restaurant, mixed-use housing, retail, and commercial services, as well as an amenity-rich plaza/open space for events and game day activities. The developer will be responsible for implementing, financing, operating, and maintaining the mixed-use assets through a public-private partnership. The university is looking for a developer with experience in higher education institutions, mixed-use development projects, public-private partnerships, master developing, and ground leases. • The project site is approximately 18 acres and is located at the southwest corner of the intersection of Hudson Road and West 27th Street. • The site is currently used for surface parking and will be redeveloped to include a mix of uses such as retail, residential, office, and lodging. • The university is seeking a developer that can provide a creative vision for the project and has the financial capacity to implement the development. • The project will be evaluated based on the developer's experience, project approach, and financial capacity. • The university reserves the right to reject all proposals and enter direct private negotiations if none of the submitted proposals meet the stated goals for the project.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Jon Westhoff(Procurement Manager)

[email protected]

(319) 273-6246

Key dates

Opened
6/25/2025
Questions due
7/22/2025
Closes
8/22/2025

Last updated

Details

Type
Request for Qualification
Industry
Real Estate
NAICS
531110
Solicitation №
Q9620

Budget estimate

$50,000,000 – $200,000,000

The estimated budget for this project is difficult to determine as the document does not provide a specific budget or payment amount. However, based on the scope of the project, which includes the development of a mixed-use destination district on an 18-acre site, the estimated budget could be in the range of $50 million to $200 million. This estimate is based on the assumption that the project will involve significant construction and development costs, as well as ongoing operational and maintenance costs. Factors that may influence the likely payment range include the specific requirements of the project, the experience and qualifications of the developer, and the terms of the public-private partnership.

AI estimate from the solicitation

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