PS Equities option agreement for city property
City of Grand RapidsCity · Grand Rapids, MI- Disclosed value
- $800,000 - $1,000,000
- From agenda
- Document date
- Feb 11, 2025
- Term
- 1 year, with 2 1-year renewals
The 30-second brief
City of Grand Rapids considers approving an option agreement with PS Equities for the sale of city-owned property at 427 Market Avenue. The purchase price is based on development density and parcel size, estimated between $800,000 and $1 million. The agreement aims to support an affordable housing project.
Ps Equities holds this real estate contract with City of Grand Rapids.
Term as filed: 1 year, with 2 1-year renewals.
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Contract details
- Contract type
- Real Estate
- Amount
- $800,000 - $1,000,000
- Document date
- February 11, 2025
- Term
- 1 year, with 2 1-year renewals
- Vendor
- Ps Equities
- Agency
- City of Grand Rapids
- Source document
- city-of-grand-rapids-committee-of-the-whole-agenda-february-11-2025_1cb.pdf (Agenda)
Ps Equities's other public contracts
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Questions about this contract
Who was awarded the real estate contract by City of Grand Rapids?
Ps Equities was awarded this real estate contract by City of Grand Rapids, as recorded on February 11, 2025. The contract value is $800,000 - $1,000,000.
How much is the Ps Equities contract with City of Grand Rapids worth?
The Ps Equities contract with City of Grand Rapids is valued at $800,000 - $1,000,000, covering real estate work.
What type of contract is this?
This is a Real Estate contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-grand-rapids-committee-of-the-whole-agenda-february-11-2025_1cb.pdf (Agenda), dated February 11, 2025 from City of Grand Rapids. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ps Equities hold?
Ps Equities 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 Grand Rapids currently buying?
Explore City of Grand Rapids's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.