Development Agreementpending

Smart Kinston revitalization project and development agreement

Kinston City Council is considering approving a development agreement with Smart Kinston Foundation for the Glen Raven Cotton Mill property, involving a minimum investment of $2.5 million over 20 years.

Status
pending
Document date
October 7, 2025
Contract type
Development Agreement
Vendor
Smart Kinston Foundation
Agency
City of Kinston · NC

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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
$2,500,000
Contract type
Development Agreement
Contract term
20 years
Document type
Agenda
Source document
city-of-kinston-city-council-agenda-october-7-2025_2df.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the development agreement contract by City of Kinston?

Smart Kinston Foundation was awarded this development agreement contract by City of Kinston, as recorded on October 7, 2025. The contract value is $2,500,000.

How much is the Smart Kinston Foundation contract with City of Kinston worth?

The Smart Kinston Foundation contract with City of Kinston is valued at $2,500,000, covering development agreement work.

What type of contract is this?

This is a Development Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-kinston-city-council-agenda-october-7-2025_2df.pdf (Agenda), dated October 7, 2025 from City of Kinston. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Smart Kinston Foundation hold?

Smart Kinston Foundation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Smart Kinston Foundation's profile

What is City of Kinston currently buying?

Explore City of Kinston's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Kinston's profile

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