MassCan Capital LLC to develop housing project.
- Disclosed value
- $41,000,000
- From agenda
- Document date
- Apr 22, 2025
- Term
- 10 years
The 30-second brief
Tax Increment Exemption agreement proposed for MassCan Capital LLC for $41 million project. Agreement includes plans to create 89 market-rate residential units at 460 Globe Street, subject to City Council approval.
Masscan Capital holds this tax increment exemption contract with City of Fall River. Its other public contracts on record include work for Fall River village and Town of Fall River.
Term as filed: 10 years.
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Contract details
- Contract type
- Tax Increment Exemption
- Amount
- $41,000,000
- Document date
- April 22, 2025
- Term
- 10 years
- Vendor
- Masscan Capital
- Agency
- City of Fall River
- Source document
- city-of-fall-river-agenda-2025-04-22_aa1.pdf (Agenda)
Masscan Capital's other public contracts
More City of Fall River contracts
Questions about this contract
Who was awarded the tax increment exemption contract by City of Fall River?
Masscan Capital was awarded this tax increment exemption contract by City of Fall River, as recorded on April 22, 2025. The contract value is $41,000,000.
How much is the Masscan Capital contract with City of Fall River worth?
The Masscan Capital contract with City of Fall River is valued at $41,000,000, covering tax increment exemption work.
What type of contract is this?
This is a Tax Increment Exemption contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-fall-river-agenda-2025-04-22_aa1.pdf (Agenda), dated April 22, 2025 from City of Fall River. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Masscan Capital hold?
Masscan Capital 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 Fall River currently buying?
Explore City of Fall River's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.