CONTRACTPENDING

HVGV could have 50 year Hotel lease extended

Piedmont Triad International Airport
Disclosed value
$100,000
From agenda
Document date
Jan 28, 2025
Term
50 years

The 30-second brief

What it covers

The Authority is considering amending its hotel lease with HV Greensboro Ventures, LLC, granting an option to extend the lease term up to 50 years. The amendment includes a $100,000 fee to the Authority upon refinancing or sale of the leasehold by December 31, 2025.

Who holds it

Hv Greensboro Ventures holds this lease amendment contract with Piedmont Triad International Airport.

What happens next

Term as filed: 50 years.

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Contract details

Contract type
Lease Amendment
Amount
$100,000
Document date
January 28, 2025
Term
50 years
Source document
piedmont-triad-airport-authority-board-meeting-agenda-january-2025_a8b.pdf (Agenda)

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Questions about this contract

Who was awarded the lease amendment contract by Piedmont Triad International Airport?

Hv Greensboro Ventures was awarded this lease amendment contract by Piedmont Triad International Airport, as recorded on January 28, 2025. The contract value is $100,000.

How much is the Hv Greensboro Ventures contract with Piedmont Triad International Airport worth?

The Hv Greensboro Ventures contract with Piedmont Triad International Airport is valued at $100,000, covering lease amendment work.

What type of contract is this?

This is a Lease Amendment contract, documented as a agenda record.

Where was this contract approved?

This contract appears in piedmont-triad-airport-authority-board-meeting-agenda-january-2025_a8b.pdf (Agenda), dated January 28, 2025 from Piedmont Triad International Airport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hv Greensboro Ventures hold?

Hv Greensboro Ventures 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 Piedmont Triad International Airport currently buying?

Explore Piedmont Triad International Airport's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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