CONTRACTAPPROVED

Town of Luray Awards $1,000,000 Financial Services Contract to Hub Development LLC (February 2026)

Disclosed value: $1,000,000; From minutes
Approved: Feb 9, 2026

What it covers

The Town of Luray entered into a 20-year Industrial Revitalization Funds agreement with HUB Development, LLC tied to the 15 Campbell Street project. Under the DHCD-backed arrangement, $1,000,000 in principal will be repaid into future industrial revitalization efforts, supporting a 12–18 month construction schedule.

Who holds it

Hub Development LLC holds this financial services contract with Town of Luray. Its other public contracts on record include work for Page County.

What happens next

Term as filed: 20 years (Industrial Revitalization Funds agreement).

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Contract details

Contract type: Financial Services
Amount: $1,000,000
Document date: February 9, 2026
Term: 20 years (Industrial Revitalization Funds agreement)
Vendor: Hub Development LLC
Agency: Town of Luray
Source document: Town of Luray Council Meeting Minutes February 2026 (Minutes)

Hub Development LLC's other public contracts

Town of Luray, VirginiaTown Approves IRF Grant/Loan Project with HUB Development LLC · Mar 9, 2026Undisclosed Page County, VirginiaBoard Supports EDA Tax Rebate Agreement with Hub Development · Jan 20, 2026 Page County, VirginiaBoard Backs Tax Incentive Deal with Hub Development · Nov 3, 2025Undisclosed Page County, VirginiaEDA Backs Tax Incentive Agreement with Hub Development · Oct 27, 2025Undisclosed Town of Luray, KansasDeveloper Holds Contingent Purchase Contract for 15 Campbell Street · Jul 23, 2024Undisclosed All Hub Development LLC contractsVendor profile

More Town of Luray contracts

Virginia Department of Housing & Community DevelopmentLuray Accepts $1M DHCD Industrial Revitalization Funds · Feb 9, 2026$1M Wilkins, Thomas & Wilkins, Sonya Dba Appalachian Trail Outfitters LLCCouncil Approves $25,000 CDBG Loan for Outfitters · Mar 25, 2025$25K Habitat for HumanityLuray Defers Facility Fees for Habitat Duplex · Mar 25, 2025$18.5K Baker Development Partnership LLCTown Weighs Vacating Former Luray Landing Sewer Easement · Oct 16, 2024Undisclosed Baker Development Partnership LLCLuray to Receive Well Lot and Easement for Water Improvements · Oct 16, 2024$10 All Town of Luray activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Town of Luray?

Hub Development LLC was awarded this financial services contract by Town of Luray, as recorded on February 9, 2026. The contract value is $1,000,000.

How much is the Hub Development LLC contract with Town of Luray worth?

The Hub Development LLC contract with Town of Luray is valued at $1,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Town of Luray Council Meeting Minutes February 2026 (Minutes), dated February 9, 2026 from Town of Luray. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hub Development LLC hold?

Hub 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 Town of Luray currently buying?

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

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