CONSTRUCTIONAPPROVED

City of Highwood Awards Construction Contract to Zhh Llc (June 2026)

City of Highwood entered into a redevelopment agreement with ZHH LLC (co-developer) and Highwood Development Partners Corporation for mixed-use construction at five Sheridan Road properties. The agreement provides for a $2.75M property sale and up to $6.89M in TIF bond proceeds to fund eligible project costs.

Document date · June 2, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$2,750,000 property purchase price; City Funding Obligation not to exceed $6,888,570
Contract type
CONSTRUCTION
Contract term
Through final payment of Net Incremental Property Taxes (expires with Downtown TIF District; Bonds lockout period 72 months)
Renewal
Bond and TIF funding requires certain project milestones, with lockout and termination clauses. Term runs through Downtown TIF District's remaining life or until all obligations satisfied.
Document type
AgendaPacket
Source document
City of Highwood Agenda Packet 2026-06-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Highwood?

Zhh Llc was awarded this construction contract by City of Highwood, as recorded on June 2, 2026. The contract value is $2,750,000 property purchase price; City Funding Obligation not to exceed $6,888,570.

How much is the Zhh Llc contract with City of Highwood worth?

The Zhh Llc contract with City of Highwood is valued at $2,750,000 property purchase price; City Funding Obligation not to exceed $6,888,570, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Highwood Agenda Packet 2026-06-02 (AgendaPacket), dated June 2, 2026 from City of Highwood. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Zhh Llc hold?

Zhh 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.

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