Turnkey Services – Financing, Redevelopment, and Operator – for Downtown El Paso Childcare Facility

In 2024,El Paso County contracted WSB to conduct a feasibility study to identify thedemand for childcare services in the downtown area and the available supply oflicensed providers. The feasibility study highlighted demand with ~11,000employees working downtown and strong survey support (85% yes) for a downtownchildcare center. After identification and evaluation of several potentialsites, the consultant identified a County-owned vacant building at Campbell andFirst Ave (501 E. 1st Ave) as the preferred site to establish a childcarecenter. The site at 501 E. 1st Ave. meets downtown location goals and wouldaccommodate over 90 children, filling a critical demand for downtown workingparents. El PasoCounty has agreed to lease the building to WSB for the purpose of allowing WSBto sublease the building to a third party that will provide turnkey services,including: · Securingall project financing from non-WSB sources, including private financing,philanthropy, tax-credit financing, and any other lawful funding sources neededfor design, construction, equipping, and start-up of the childcare facility.WSB is not committed to providing financing, reimbursement, or constructionfunding for the project. · Designing,constructing, and improving the premises as necessary for operation of thechildcare facility, subject to all applicable laws, permits, approvals, and theterms of the lease and sublease. · Owningand operating the facility, after completion of construction, as a properlylicensed Texas child-care operation and, if serving children through Child CareServices, participating in the Texas Rising Star program as required by TexasWorkforce Commission requirements.
Class/Item Code: 95800-MANAGEMENT AND OPERATION SERVICES; 95826-Construction Management Services; 97100-Real Property Rental Or Lease;
Agency/TX SmartBuy Member #: K0028
Contact: Roxanne Reta | roxanne.reta@borderplexjobs.com | (915) 887-2941