Tarleton State University Hotel Ground Lease Opportunity

The Texas A&M University System (A&M System) is soliciting proposals on behalf of Tarleton State University (Tarleton) for selection of a real estate developer to enter into a real property ground lease for the development of a full-service hotel, with beds and meeting space to meet NCAA Division I travel requirements, to be located in Stephenville , Texas. If a developer (Respondent) is selected as a result of this RFP, depending on the method of construction financing proposed by the Respondent and approved by A&M System, A&M System will either (i) enter into a long-term ground lease with Respondent or an affiliated entity for the performance of services on A&M System land, or (ii) enter into a long-term ground lease with a nonprofit entity, which will then contract with the Respondent for performance of the services on A&M System land. Proposals shall be in accordance with the terms, conditions, and requirements set forth in this Request for Proposal