CONTRACTPENDING

$125M Proposed for concord Commerce park new building

Disclosed value: $125,000,000; From agenda
Document date: Jan 11, 2024
Term: 5 years

What it covers

The City of Concord is considering granting a five-year/85% tax-based infrastructure development grant to Concord Commerce Park, totaling an investment of approximately $125,000,000. The 1,287,000 square foot nine-building development will be located the corner of Concord Parkway and George Liles Parkway and will include a variety of uses which include manufacturing, warehousing, life science, distribution, and limited retail.

Who holds it

Concord Commerce Park 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: 5 years.

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Contract details

Contract type: Tax Incentive
Amount: $125,000,000
Document date: January 11, 2024
Term: 5 years
Vendor: Concord Commerce Park
Agency: City of Concord city
Source document: city-of-concord-city-agenda-2024-01-11_245.pdf (Agenda)

Concord Commerce Park's other public contracts

City of Concord city, North CarolinaUtility Easement and Right-of-Way Dedications Accepted for Concord Commerce Park · Jan 8, 2026Undisclosed Town of Concord, OhioConcord Commerce Park Receives $2.55M Infrastructure Development Grant · Jan 11, 2024$2.6M Town of Concord, OhioConcord Commerce Park could receive $2.5 million grant · Jan 11, 2024$2.6M Town of Concord, OhioConcord considers grant for Commerce Park Development · Jan 11, 2024Undisclosed City of Concord city, North Carolinacity-of-concord-city-agenda-2024-01-11_59a.pdf · Jan 11, 2024$2.6M All Concord Commerce Park contractsVendor profile

More City of Concord city contracts

Rocky River Apartments LLCConcord Approves Rocky River Stormwater Agreement · Sep 10, 2026Undisclosed Musgrave Charlotte Realty Partners LLCConcord Approves Musgrave Stormwater Easement Agreement · Sep 10, 2026Undisclosed Wesco Distribution IncWESCO Transformer Purchase Recommended for Concord Inventory · Sep 10, 2026$126.2K Wesco Distribution IncConcord Buys Transformers From WESCO for Inventory · Sep 10, 2026$126.2K Musgrave Charlotte Realty Partners LLCStormwater Maintenance Agreement Recommended with Musgrave · Sep 10, 2026Undisclosed All City of Concord city activityAgency profile

Questions about this contract

Who was awarded the tax incentive contract by City of Concord city?

Concord Commerce Park was awarded this tax incentive contract by City of Concord city, as recorded on January 11, 2024. The contract value is $125,000,000.

How much is the Concord Commerce Park contract with City of Concord city worth?

The Concord Commerce Park contract with City of Concord city is valued at $125,000,000, 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.

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What other contracts does Concord Commerce Park hold?

Concord Commerce Park 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.

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