UTSA launches RFP for mixed-use development at Park West Campus

SAN ANTONIO, July 25, 2024 – The University of Texas at San Antonio (UTSA) and JLL announced a solicitation for a lead development team to design plans for, finance, operate and maintain a mixed-use development on a 28.46-acre, university-owned plot of land at the intersection of North Loop 1604 West and Kyle Seale Parkway. Driven by the desire to invest in its students and in the infrastructure and community fabric of San Antonio, UTSA’s future partner will advise on the ideal mix of uses to activate a key area of the city experiencing rapid growth. Local, regional, statewide, and national firms are invited to participate. Submissions are due August 14, 2024.

JLL Senior Managing Director Mark Krenger, Vice President Nina Farrell and Senior Analyst Connor Russell are serving as the real estate advisory team on behalf of UTSA.

Located at UTSA’s Park West Campus, the site is situated near major demand drivers, including the nearby UTSA Main Campus, USAA headquarters, Valero headquarters, La Cantera and The RIM Shopping Center. The area comprises Site A and Site B, 6.07 acres and 22.39 acres, respectively. UTSA has no programmatic requirements for the project but is looking to identify a development partner that can execute a shared vision of pedestrian-friendly mixed-use projects that promote density, increased amenities and activity offerings for UTSA students and the surrounding San Antonio neighborhoods. Walkability and connectivity to nearby greenspaces and the local trail system, as well as creating a safe and healthy built environment, are also points of interest for the institution. The selected developer will ground lease the site from UTSA.

“UTSA is excited to embark on this transformative project that will not only enhance our campus but also serve as a catalyst for growth and connectivity within the San Antonio community,” said Corrina Green, Senior Associate Vice President, Real Estate and Property Management at UTSA. “This mixed-use development is a testament to our commitment to providing vibrant, accessible, and enriching environments for our students, faculty, and neighbors.”

This future development marks the further expansion of an important, thriving entity in San Antonio as UTSA continues to expand and grow in prominence. Founded in 1969, UTSA is the largest university in San Antonio and the third largest in The University of Texas System with 34,864 students. With five campuses spread throughout the City of San Antonio, the University serves as a center of academic and cultural activity in the Central Texas region, contributes to the local economy and fosters collaboration with businesses, organizations and industries in the market. As of Fall 2023, UTSA saw a 1.5% increase in total enrollment and 3% increase in first-year enrollment, and its athletic programs have quickly developed into perennial competitors for American Athletic Conference championships.

“The project site is a unique opportunity for any major developer seeking to enter or entrench itself in the heart of a path of growth for San Antonio and with UTSA,” said JLL’s Krenger.

“The University’s vision for accessible, amenitized development is clearly a benefit for the entire community. We look forward to identifying the right developer to deliver that vision for UTSA and San Antonio’s continued momentum,” added JLL’s Farrell.

Leveraging its rich history, lively culture and optimal location, San Antonio consistently ranks among the nation’s fastest-growing cities, boasting premier connectivity to domestic industry and the Mexico border that spurs robust international trade, as well as an affordable cost of living. Ranked the seventh-largest U.S. city, the San Antonio metropolitan area population is expected to reach nearly three million people by 2030.

Development teams interested in being considered for the project can access the RFP, find more information about the requirements and make inquiries through the UTSA Rowdy Exchange Supplier Portal here.

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