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  5. ›Sale of 140.9 acres in Falcon Heights, MN (University of Minnesota…

University of Minnesota·Minnesota

Sale of 140.9 acres in Falcon Heights, MN (University of Minnesota Golf Course)

Closes 12/18/2025$10M – $50MRequest for Proposal
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Description

The University of Minnesota is requesting proposals for the purchase of the University Golf Course, a 140.9-acre property located in Falcon Heights, MN. The University is looking for a respondent to develop the property in a manner consistent with the City of Falcon Heights' vision. The proposal should include a purchase price for the property, as well as plans for future use and development. The University will evaluate proposals based on criteria such as financial proposal, planned strategy to develop the property, demonstrated experience and capacity to complete the development, and proposed terms and conditions of sale. • The property is currently used as an 18-hole golf course and driving range. • The University is working with the City of Falcon Heights to ensure that the selected respondent will develop the property in a manner consistent with the City's vision. • The proposal should include a purchase price for the property, as well as plans for future use and development. • The University will evaluate proposals based on criteria such as financial proposal, planned strategy to develop the property, demonstrated experience and capacity to complete the development, and proposed terms and conditions of sale.

Attached files

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

Contact

Kevin Sullivan(Purchasing Representative)

[email protected]

Key dates

Opened
10/15/2025
Questions due
11/13/2025
Pre-bid meeting
11/6/2025
Site visit
11/6/2025
Closes
12/18/2025

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
237210
Solicitation №
10044.100925.ks

Budget estimate

$10,000,000 – $50,000,000

The budget for this opportunity is likely to be in the millions, as the University is selling a 140.9-acre property. The exact budget will depend on the purchase price proposed by the selected respondent. Based on the information provided, a rough estimate for the budget could be between $10 million and $50 million, considering the size of the property and the potential for development.

AI estimate from the solicitation

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