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City of Hastings Awards $1,400,000 Loan Contract to Queen City Development LLC (April 2025)

City of Hastings logoCity of Hastings
Disclosed value
$1,400,000
From resolution
Approved
Apr 14, 2025
Term
15 years

The 30-second brief

What it covers

Queen City Development, LLC to receive $1.4 million TIF loan over 15 years for Trailside Village Redevelopment Project, aiming to boost workforce housing and community equity, with project completion expected by early 2026.

Who holds it

Queen City Development LLC holds this loan contract with City of Hastings. Its other public contracts on record include work for Town of Hastings and Hastings Housing Authority.

What happens next

Term as filed: 15 years.

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Contract details

Contract type
Loan
Amount
$1,400,000
Document date
April 14, 2025
Term
15 years
Vendor
Queen City Development LLC
Agency
City of Hastings
Source document
city-of-hastings-resolution-2025-17_c03.pdf (Resolution)

Queen City Development LLC's other public contracts

City of Hastings, NebraskaQueen City seeks permit for first-floor housing · Apr 20, 2026UndisclosedCity of Hastings, NebraskaTIF-Supported Middle School Redevelopment Proposed · Jan 21, 2026UndisclosedTown of Hastings, OklahomaTIF Loan sought for Middle School Redevelopment · Oct 21, 2025$1.8MTown of Hastings, OklahomaQueen City Development awarded $1.8M TIF loan for redevelopment · Oct 13, 2025$1.8MHastings Housing Authority, NebraskaQueen City Development requests $1.8M TIF loan for redevelopment · Oct 13, 2025$1.8MAll Queen City Development LLC contractsVendor profile

More City of Hastings contracts

HEDCBoard Approves HEDC Funding Request · Sep 10, 2026$175KFnic InsuranceFNIC Insurance Presentation on Agenda · Sep 10, 2026UndisclosedChamber of CommerceBoard Approves Chamber Funding Support · Sep 10, 2026$30KFnic InsuranceFNIC Insurance Presentation Scheduled · Sep 10, 2026UndisclosedVERIZONVerizon Backing Hastings Tower Proposal · Sep 8, 2026UndisclosedAll City of Hastings activityAgency profile

Questions about this contract

Who was awarded the loan contract by City of Hastings?

Queen City Development LLC was awarded this loan contract by City of Hastings, as recorded on April 14, 2025. The contract value is $1,400,000.

How much is the Queen City Development LLC contract with City of Hastings worth?

The Queen City Development LLC contract with City of Hastings is valued at $1,400,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city-of-hastings-resolution-2025-17_c03.pdf (Resolution), dated April 14, 2025 from City of Hastings. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Queen City Development LLC hold?

Queen City 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.

What is City of Hastings currently buying?

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

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