CONSTRUCTIONAPPROVED

Arlington Housing Authority Awards Construction Contract to Pershing Development Llc (November 2024)

Arlington's TIRZ #1 Board authorized a Chapter 380 Grant Agreement with Pershing Development LLC for up to $1.55 million in reimbursements for the construction of public improvements, plus city fee waivers, supporting a new 65-unit apartment development downtown. Project completion milestones and compliance required.

Status
APPROVED
Document date
November 22, 2024
Contract type
CONSTRUCTION
Vendor
Pershing Development Llc
Agency
Arlington Housing Authority · TX

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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
Up to $1,550,000 in reimbursement grant for public improvements; city waives all demolition, permit, impact, and tap fees for initial construction if completed by December 31, 2027
Contract type
CONSTRUCTION
Contract term
Agreement effective upon execution; Developer to complete demolition by June 30, 2026, public improvements by June 30, 2027, and overall development by December 31, 2027; term expires 8 years after completion
Renewal date
2035-12-31
Renewal
Grant agreement expires 8 years after development completion or earlier if default occurs. Obligations terminate if project milestones—demolition and completion of public improvements/development—are not met by agreed dates. No automatic renewal; extension requires further board and city action.
Document type
Agenda
Source document
arlington-housing-authority-agenda-2024-11-22_e7a.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Arlington Housing Authority?

Pershing Development Llc was awarded this construction contract by Arlington Housing Authority, as recorded on November 22, 2024. The contract value is Up to $1,550,000 in reimbursement grant for public improvements; city waives all demolition, permit, impact, and tap fees for initial construction if completed by December 31, 2027.

How much is the Pershing Development Llc contract with Arlington Housing Authority worth?

The Pershing Development Llc contract with Arlington Housing Authority is valued at Up to $1,550,000 in reimbursement grant for public improvements; city waives all demolition, permit, impact, and tap fees for initial construction if completed by December 31, 2027, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agenda record.

Where was this contract approved?

This contract appears in arlington-housing-authority-agenda-2024-11-22_e7a.pdf (Agenda), dated November 22, 2024 from Arlington Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pershing Development Llc hold?

Pershing Development 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.

View Pershing Development Llc's profile

What is Arlington Housing Authority currently buying?

Explore Arlington Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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