UNC plans six-year childcare lease with Bright Horizons

UNC-Chapel Hill proposes a six-year lease of 10,600 square feet at 130 Friday Center Drive to Bright Horizons Children’s Centers LLC, with the first year of rent free and subsequent rent set at $291,500 annually. Bright Horizons will cover all operating expenses and maintenance while using rent proceeds for building improvements needed to maintain childcare licensure.

Scope & details

The full contract record, as filed.

Contract amount

First year free rent; then $291,500 annually or $27.50 psf, plus all operating expenses and maintenance

Contract type

FACILITIES

Contract term

Six (6) years, estimated expiration June 30, 2032

Renewal date

2032-06-30

Renewal

Initial six-year lease term through an estimated June 30, 2032; any renewal or extension terms are not specified in the agenda item.

Document type

Agenda

Source document

The University of North Carolina at Chapel Hill Budget, Finance, and Infrastructure Committee Agenda 2026-03-25

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The University of North Carolina at Chapel Hill Budget, Finance, and Infrastructure Committee Agenda 2026-03-25

PENDING

University Of North Carolina At Chapel Hill, North Carolina$291,500 annually or $27.50 psf (first year free rent)Mar 25, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by University Of North Carolina At Chapel Hill?

Bright Horizons Children’s Centers Llc was awarded this facilities contract by University Of North Carolina At Chapel Hill, as recorded on March 25, 2026. The contract value is First year free rent; then $291,500 annually or $27.50 psf, plus all operating expenses and maintenance.

How much is the Bright Horizons Children’s Centers Llc contract with University Of North Carolina At Chapel Hill worth?

The Bright Horizons Children’s Centers Llc contract with University Of North Carolina At Chapel Hill is valued at First year free rent; then $291,500 annually or $27.50 psf, plus all operating expenses and maintenance, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in The University of North Carolina at Chapel Hill Budget, Finance, and Infrastructure Committee Agenda 2026-03-25 (Agenda), dated March 25, 2026 from University Of North Carolina At Chapel Hill. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bright Horizons Children’s Centers Llc hold?

Bright Horizons Children’s Centers Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is University Of North Carolina At Chapel Hill currently buying?

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