The LSU Real Estate and Facilities Foundation has narrowed, from six to two, its pool of applicants vying to lead the planned restoration of the six-lake system at City-Brooks Community Park and LSU.
The two finalists are well known within the Baton Rouge business community. One is a joint venture of Brailsford & Dunlavey and CSRS, while the other is a joint venture of Stantec and KPMG LLP.
They’ve been invited to deliver in-person presentations to the University Lakes Project evaluation team Jan. 21, with a project adviser selected immediately following the presentations.
Among the project adviser’s key responsibilities: providing financial analysis; helping to solicit and select a design firm, contractor and other vendors; and assisting with compliance with the restrictions attached to the anticipated funding sources for the project, which is estimated to cost at least $50 million.
Details of the submitted proposals are being withheld until the committee makes its selection. Both the RFP and memorandum of understanding, which details the project structure and entities involved, are available on the project web page.
After a project manager is selected, the committee is expected to choose a designer this spring and a contractor for dredging and construction by January 2021.