The University of Kentucky in the USA has launched a request for proposals (RFP) seeking a private partner for High-Tech Building PPP project in Coldstream. The project includes design, finance, construction, operation and maintenance of the laboratory / HighTech Multi-Tenant Building (Coldstream High-Tech Building) to be located on the University of Kentucky's Coldstream Research Campus.

The area of the building will be 40,000 sq. ft. and will house wet laboratories, offices and flex space for early-stage high-tech companies.

Kentucky Technology, Inc. (KTI) will master lease 20,000 square feet of this building for an initial term of 10 years with options to renew. Laboratories offering flexibility in square footage are desired and should be equipped with chemical fume hoods and bench workspace, office space, co-working shared workspace, flex space (office and small warehouse/assembly space, and common areas should also be included.

Financing, Design, Construction, and Operations, including leasing and managing any space not used by the University, is the responsibility of the Developer.

The University is seeking responses from Offerors that provide cost-effective financing options and structures.

The deadline to submit the proposals is May 05, 2020. You can find more information about this RFP on our business opportunity page here.

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