Development Framework Plan for Off-Campus Property
The University is soliciting proposals from professional developers to create a multi-phased physical development plan for University and University Foundation property.
As currently envisioned, the project includes creation of a physical development framework plan for the entire former Romania block and the former ODOT/DMV lands with a business plan for the construction and ongoing management of this property. It is likely that the fully developed property will consist of more than one building which should initially be placed on the UO’s Romania property. The development framework plan will identify at least two scenarios based on market forces (possibly combined with university uses) for the properties for the next thirty years resulting in ongoing income that pays for the cost of the land; relocation of existing university uses, if needed; the development; and, ideally, additional income for the UO.
