Concord Studies Lattice Industries Innovation Hub Proposal
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Description
The City of Concord’s Housing and Economic Development Committee received and discussed a proposal from Lattice Industries to structure a public-private partnership to acquire and retrofit 2000 Clayton Road into a regional innovation and connectivity hub, financed with up to $250 million in tax-exempt lease revenue bonds. Staff were directed to analyze bond financing risks, and no contractual commitment was approved.
Contract Details
Vendor
LATTICE INDUSTRIES
Agency
City of Concord, KY
Contract Type
OTHER
Document Date
April 29, 2026
Renewal Info
Initial unsolicited PPP concept; no contract executed, renewed, or extended. Future consideration would require formal Council action and competitive or structured procurement.
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