CONTRACTTERMINATED

Karbank Redevelopment Agreement Terminated After Park Sale Vote

City of Westwood
Document date
May 29, 2025
Term
March 2023 – April 2025 (terminated)

The 30-second brief

What it covers

Karbank Real Estate's exclusivity and funding agreement with the City of Westwood for a mixed-use redevelopment project was terminated in April 2025 after voters rejected sale of city parkland essential to the project.

Who holds it

Karbank Real Estate holds this contract with City of Westwood.

What happens next

Term as filed: March 2023 – April 2025 (terminated).

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Contract details

Document date
May 29, 2025
Term
March 2023 – April 2025 (terminated)
Source document
City of Westwood Special Meeting Agenda Packet May 2025 (AgendaPacket)

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Questions about this contract

Who was awarded the government contract by City of Westwood?

Karbank Real Estate was awarded this government contract by City of Westwood, as recorded on May 29, 2025.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Westwood Special Meeting Agenda Packet May 2025 (AgendaPacket), dated May 29, 2025 from City of Westwood. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Karbank Real Estate hold?

Karbank Real Estate may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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