CONTRACTPENDING

$1.38M proposed for restaurant development in Concord

City of Concord city
Disclosed value
$1,385,000
From agenda
Document date
Jan 11, 2024
Term
3 years

The 30-second brief

What it covers

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.

Who holds it

Southpaw Investors holds this tax incentive contract with City of Concord city. Its other public contracts on record include work for Town of Concord.

What happens next

Term as filed: 3 years.

See who signed off on this $1.4M contract.

See who signed off

Free 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
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.

Work in government? Get Civic IQ free →