City, Mart Dock Draft Landmark Port Redevelopment Agreement

Scope & details

The full contract record, as filed.

Contract amount

Appraised value (to be determined) for lease payments; City purchase of 2.5 acres to be determined by appraisal; $2,800,000 state grant for site improvements; Neighboring Property purchase price $5,000,000 (shared City/WMD pro-rata)

Contract type

OTHER

Contract term

Campground Lease: 50 years with an optional 40-year renewal; Option to purchase after 2028; City property acquisition and Neighboring Property option to be executed upon approvals, various closing dates as referenced

Renewal date

2116-01-01

Renewal

Campground lease includes one 40-year option to renew, exercisable by WMD. The lease also includes an option for WMD to purchase the leased property after 2028, subject to conditions. Put Option for Neighboring Property acquisition allows assignment and pro-rata acquisition by City/WMD.

Document type

Agenda

Source document

Muskegon City Commission Agenda September 2025

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City of Muskegon Agenda Packet 2026-08-11

AMENDED

City of Muskegon, MichiganAug 11, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Muskegon?

West Michigan Dock & Market Corporation was awarded this government contract by City of Muskegon, as recorded on September 8, 2025. The contract value is Appraised value (to be determined) for lease payments; City purchase of 2.5 acres to be determined by appraisal; $2,800,000 state grant for site improvements; Neighboring Property purchase price $5,000,000 (shared City/WMD pro-rata).

How much is the West Michigan Dock & Market Corporation contract with City of Muskegon worth?

The West Michigan Dock & Market Corporation contract with City of Muskegon is valued at Appraised value (to be determined) for lease payments; City purchase of 2.5 acres to be determined by appraisal; $2,800,000 state grant for site improvements; Neighboring Property purchase price $5,000,000 (shared City/WMD pro-rata).

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Muskegon City Commission Agenda September 2025 (Agenda), dated September 8, 2025 from City of Muskegon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does West Michigan Dock & Market Corporation hold?

West Michigan Dock & Market Corporation 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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