OTHERPENDING

Redevelopment Agreement for The Union Project with Marquette Companies

Villa Park plans to approve a redevelopment agreement with Marquette Companies for 'The Union,' an $84 million mixed-use apartment project with $13 million in TIF funding. Approval is anticipated in early 2025.

Document date · December 16, 2024

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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
$84 million total project (Village participation: $13 million in TIF bond proceeds)
Contract type
OTHER
Contract term
Redevelopment agreement pending approval, early 2025
Renewal
Initial agreement is pending; may include future amendments or bond refinancing.
Document type
Budget
Source document
village_of_villa_park_2025_operating_budget.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Villa Park village?

Marquette Companies was awarded this government contract by Villa Park village, as recorded on December 16, 2024. The contract value is $84 million total project (Village participation: $13 million in TIF bond proceeds).

How much is the Marquette Companies contract with Villa Park village worth?

The Marquette Companies contract with Villa Park village is valued at $84 million total project (Village participation: $13 million in TIF bond proceeds).

What type of contract is this?

This is a government contract, documented as a budget record.

Where was this contract approved?

This contract appears in village_of_villa_park_2025_operating_budget.pdf (Budget), dated December 16, 2024 from Villa Park village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Marquette Companies hold?

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

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What is Villa Park village currently buying?

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