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Synergy Construction $60M luxury apartment development proposal

Hanover village logoHanover village
Disclosed value
$60,000,000
From agenda
Document date
Jul 17, 2025

The 30-second brief

What it covers

Synergy Construction DBA SCF Investment Holdings LLC proposes a $60 million luxury apartment development with 200 units and public amenities at the south Metra commuter lot; financial assistance is under consideration by the Village Board for project viability.

Who holds it

Synergy Construction holds this construction contract with Hanover village. Its other public contracts on record include work for City of Ridgecrest and Tanglewood Forest Limited District.

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Contract details

Contract type
Construction
Amount
$60,000,000
Document date
July 17, 2025
Term
NA
Vendor
Synergy Construction
Agency
Hanover village
Source document
hanover-village-board-agenda-south-commuter-lot-development-jul-17-2025_5af.pdf (Agenda)

Synergy Construction's other public contracts

City of Ridgecrest, CaliforniaRidgecrest Rejects Synergy Construction Shade Project Bid · Sep 16, 2026Tanglewood Forest Limited District, TexasSynergy Construction to Present on Capital Improvements · Aug 26, 2026UndisclosedHidalgo County, TexasSynergy Construction Receives Progress Payment for ARPA Trail Project · May 13, 2026$98.8KLombard village (pt.), IllinoisECDC advances major incentive deal for Synergy project · Dec 8, 2025Lombard village (pt.), IllinoisPerformance-Based Incentive Discussed for Yorktown Reserve · Dec 8, 2025UndisclosedAll Synergy Construction contractsVendor profile

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Questions about this contract

Who was awarded the construction contract by Hanover village?

Synergy Construction was awarded this construction contract by Hanover village, as recorded on July 17, 2025. The contract value is $60,000,000.

How much is the Synergy Construction contract with Hanover village worth?

The Synergy Construction contract with Hanover village is valued at $60,000,000, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agenda record.

Where was this contract approved?

This contract appears in hanover-village-board-agenda-south-commuter-lot-development-jul-17-2025_5af.pdf (Agenda), dated July 17, 2025 from Hanover village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Synergy Construction hold?

Synergy Construction 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 Hanover village currently buying?

Explore Hanover village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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