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USC River District Development

ID: 240276-01 • State: South Carolina
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Description

University of South Carolina River District Development Number of RFP response copies to be submitted: Ten (10) hardcopies and ten (10) USB drive copies One (1) redacted hardcopy and one (1) redacted USB drive copy Submit Sealed RFP Response to: USC Purchasing Department Attention: Kristen Moss 1600 Hampton Street, Suite 606 Columbia, SC 29208
Background
The University of South Carolina (USC) is seeking to engage a business to finance, develop, and operate various private commercial operations on approximately 12 acres near Williams-Brice Stadium and around 885 acres along the Congaree River. This initiative aims to enhance the university's property with resort, hospitality, residential, and athletic/recreational improvements.

The project seeks to optimize the experience in the stadium district while generating revenue for university projects without financial support from the university itself. The development will be executed through long-term ground leases and other agreements with private entities.

Work Details
The contract involves financing, developing, and operating commercial operations on two primary zones:

1. **Zone A**: Development of resort, hospitality, recreational facilities, including golf courses and sports complexes.
2. **Zone B**: Development of residential units (gameday condominiums), retail spaces, restaurants, and hospitality venues adjacent to Williams-Brice Stadium.
3. Proposals should include innovative approaches for year-round activities that enhance fan experiences and community engagement.
4. Developers are encouraged to propose creative land uses that align with market data and proven strategies for maximizing revenue potential.

Period of Performance
The RFP was issued on June 19, 2024, with responses due by December 12, 2024. The exact period of performance will be determined during negotiations but is expected to involve long-term commitments for development and operation.

Place of Performance
The contract will be performed in Columbia, South Carolina, specifically on university-owned properties near Williams-Brice Stadium and along the Congaree River.

Overview

Opportunity ID
240276-01
Version
1
Response Deadline
March 31, 2025 Past Due
Date Posted
June 19, 2024
Est. Value Range
Experimental
$50,000,000 - $150,000,000 (AI estimate)
Source
On 6/19/24 University of South Carolina - Sumter in South Carolina issued University of South Carolina River District Development with ID 240276-01 due 3/31/25.

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Documents

Posted documents for USC River District Development

Additional Details

Event Round
1
Event Version
1

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