$3.8M Brownfield Project Seeks Approval in Portage
City of PortageCity · Portage, MI- Disclosed value
- $3,294,501
- From agenda
- Document date
- Jun 10, 2025
- Term
- 17 years
The 30-second brief
American Village Development II, LLC has a brownfield plan under review for building new homes in Portage, at an investment of around $3.8M. The reimbursement for eligible activities is planned for 12 years, with capture to LBRF for additional 5 years.
American Village Development Ii holds this real estate development contract with City of Portage.
Term as filed: 17 years.
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Contract details
- Contract type
- Real Estate Development
- Amount
- $3,294,501
- Document date
- June 10, 2025
- Term
- 17 years
- Agency
- City of Portage
- Source document
- city-of-portage-council-meeting-agenda-june-10-2025_928.pdf (Agenda)
American Village Development Ii's other public contracts
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Questions about this contract
Who was awarded the real estate development contract by City of Portage?
American Village Development Ii was awarded this real estate development contract by City of Portage, as recorded on June 10, 2025. The contract value is $3,294,501.
How much is the American Village Development Ii contract with City of Portage worth?
The American Village Development Ii contract with City of Portage is valued at $3,294,501, covering real estate development work.
What type of contract is this?
This is a Real Estate Development contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-portage-council-meeting-agenda-june-10-2025_928.pdf (Agenda), dated June 10, 2025 from City of Portage. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does American Village Development Ii hold?
American Village Development Ii 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 Portage currently buying?
Explore City of Portage's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.