$1.38M proposed for restaurant development in Concord
City of Concord cityCity · Concord, NC- Disclosed value
- $1,385,000
- From agenda
- Document date
- Jan 11, 2024
- Term
- 3 years
The 30-second brief
The City of Concord is considering offering a three-year/85% tax-based center city district economic development incentive grant to Southpaw Investors, LLC, totaling $1,385,000 to develop a restaurant space at 325 McGill Avenue NW, Suite 10. The facility will house Gianni’s Restaurant, restaurant functions and associated uses, and is projected to accommodate approximately 177 diners and 3 kitchen employees.
Southpaw Investors holds this tax incentive contract with City of Concord city. Its other public contracts on record include work for Town of Concord.
Term as filed: 3 years.
See who signed off on this $1.4M contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Tax Incentive
- Amount
- $1,385,000
- Document date
- January 11, 2024
- Term
- 3 years
- Vendor
- Southpaw Investors
- Agency
- City of Concord city
- Source document
- city-of-concord-city-agenda-2024-01-11_245.pdf (Agenda)
Southpaw Investors's other public contracts
More City of Concord city contracts
Questions about this contract
Who was awarded the tax incentive contract by City of Concord city?
Southpaw Investors was awarded this tax incentive contract by City of Concord city, as recorded on January 11, 2024. The contract value is $1,385,000.
How much is the Southpaw Investors contract with City of Concord city worth?
The Southpaw Investors contract with City of Concord city is valued at $1,385,000, covering tax incentive work.
What type of contract is this?
This is a Tax Incentive contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-concord-city-agenda-2024-01-11_245.pdf (Agenda), dated January 11, 2024 from City of Concord city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Southpaw Investors hold?
Southpaw Investors may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Concord city currently buying?
Explore City of Concord city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.