Town of Garner Awards Construction Contract to Lmg Garner LLC (August 2024)
Town of GarnerCity · Garner, NC- Disclosed value
- More than $9,000,000 (projected total project cost); property sale price $100,000 or appraised value (whichever is higher)
- From agendapacket
- Approved
- Aug 6, 2024
The 30-second brief
Town of Garner approved a Master Development Agreement with LMG Garner LLC for the construction of a mixed-use building in downtown Garner, including 24 residential units (3 for workforce housing) and 10,000 sq. ft. of retail space. Sale price is $100,000 or appraised value, with project costs expected to exceed $9 million.
Lmg Garner LLC holds this construction contract with Town of Garner.
Term as filed: Development schedule per Master Development Agreement; Closing by January 15, 2025, with option to extend 60 days.
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Contract details
- Contract type
- Construction
- Amount
- More than $9,000,000 (projected total project cost); property sale price $100,000 or appraised value (whichever is higher)
- Document date
- August 6, 2024
- Term
- Development schedule per Master Development Agreement; Closing by January 15, 2025, with option to extend 60 days
- Vendor
- Lmg Garner LLC
- Agency
- Town of Garner
- Source document
- Town of Garner Town Council Meeting Agenda Packet August 2024 (AgendaPacket)
Lmg Garner LLC's other public contracts
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Questions about this contract
Who was awarded the construction contract by Town of Garner?
Lmg Garner LLC was awarded this construction contract by Town of Garner, as recorded on August 6, 2024. The contract value is More than $9,000,000 (projected total project cost); property sale price $100,000 or appraised value (whichever is higher).
How much is the Lmg Garner LLC contract with Town of Garner worth?
The Lmg Garner LLC contract with Town of Garner is valued at More than $9,000,000 (projected total project cost); property sale price $100,000 or appraised value (whichever is higher), covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Town of Garner Town Council Meeting Agenda Packet August 2024 (AgendaPacket), dated August 6, 2024 from Town of Garner. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Lmg Garner LLC hold?
Lmg Garner 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 Town of Garner currently buying?
Explore Town of Garner's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.