University of Texas System - Real Estate Office

Update on RFQ for Master Planning Services for the Brackenridge Tract

Members of the Cooper, Robertson, & Partners, L. L. P., master planning team were in Austin the week of May 5 to begin the process of visiting with interested parties and gathering data, two important preliminary steps in the master planning process. Team members toured the various parcels within the 345-acre Brackenridge Tract and met with U. T. System, U. T. Austin, and City of Austin officials, former members of the Brackenridge Tract Task Force, and representatives of tenants, community groups, and other interested parties.

This first week of meetings is only the beginning of the approximately 12-month master planning process, during which time there will be additional opportunities for input by interested parties. A public involvement plan and a schedule of listening and discussion workshops will be announced in the next few weeks. The master planning firm will also be creating a web site for the project. Information about the web site and a link to it will be provided as soon as possible.

Update issued May 12, 2008, by Florence P. Mayne, Executive Director, Real Estate Office.

The Real Estate Office provides centralized and comprehensive real estate services for the 15 institutions within the UT System. Services include:

Provision of a comprehensive range of professional expertise and resources for campus real estate transactions, including planning and feasibility analyses, purchases, easements, and leases.
Management, sales, and leases of surface interests in real property donated or bequeathed to a U. T. institution.
Evaluation of proposed gifts and bequests of surface interests in real property and assistance to the institutions with respect to such gifts and bequests.
Processing of required approvals for real estate transactions from U. T. System officials, the Board of Regents and the Texas Higher Education Coordinating Board.
Coordination with the Office of Risk Management with respect to environmental and insurance issues.
Coordination with county appraisal districts and tax offices with respect to property tax issues and exemptions.
Provision of guidance and assistance to the institutions for compliance with policies and laws governing real property and real property transactions.

Note: Mineral interests are handled by University Lands

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