Hobart Approves Development Agreement With Lineage Logistics
City of HobartCity · Hobart, IN- Disclosed value
- $93,000,000 construction (estimated) plus $40,000,000 equipment (estimated)
- From resolution
- Approved
- Jul 19, 2023
The 30-second brief
The Hobart Board of Public Works and Safety approved a Development Agreement with Lineage Logistics, LLC for a $93 million warehouse/office construction project and $40 million in equipment investment on a 25.02-acre site. The agreement provides 10-year real and personal property tax abatements in exchange for project completion, job commitments, and ongoing compliance obligations.
Lineage Logistics LLC holds this contract with City of Hobart. Its other public contracts on record include work for Bedford Park village and Los Angeles County Board of Supervisors.
Term as filed: Construction expected to begin June 2023 and conclude by July 31, 2025; 10-year real property tax abatement; 10-year personal property tax abatement.
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Contract details
- Amount
- $93,000,000 construction (estimated) plus $40,000,000 equipment (estimated)
- Document date
- July 19, 2023
- Term
- Construction expected to begin June 2023 and conclude by July 31, 2025; 10-year real property tax abatement; 10-year personal property tax abatement
- Vendor
- Lineage Logistics LLC
- Agency
- City of Hobart
- Source document
- Hobart Board of Public Works and Safety Resolution 2023-03 (Resolution)
Lineage Logistics LLC's other public contracts
More City of Hobart contracts
Questions about this contract
Who was awarded the government contract by City of Hobart?
Lineage Logistics LLC was awarded this government contract by City of Hobart, as recorded on July 19, 2023. The contract value is $93,000,000 construction (estimated) plus $40,000,000 equipment (estimated).
How much is the Lineage Logistics LLC contract with City of Hobart worth?
The Lineage Logistics LLC contract with City of Hobart is valued at $93,000,000 construction (estimated) plus $40,000,000 equipment (estimated).
What type of contract is this?
This is a government contract, documented as a resolution record.
Where was this contract approved?
This contract appears in Hobart Board of Public Works and Safety Resolution 2023-03 (Resolution), dated July 19, 2023 from City of Hobart. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Lineage Logistics LLC hold?
Lineage Logistics 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.
What is City of Hobart currently buying?
Explore City of Hobart's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.