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Norstein Properties Secures $4.2M Development Grant

Town of Concord
Disclosed value
$4,200,000
From meeting minutes
Document date
May 9, 2023
Term
3 year

The 30-second brief

What it covers

Three-year, 85% tax-based center city economic development grant to Norstein Properties, LLC, to redevelop two properties located at 69 and 75 Corban Avenue SE, Concord, North Carolina 28025, with an investment of approximately $4,200,000 in real and personal property.

Who holds it

Norstein Properties holds this economic development grant contract with Town of Concord. Its other public contracts on record include work for City of Concord city.

What happens next

Term as filed: 3 year.

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Contract details

Contract type
Economic Development Grant
Amount
$4,200,000
Document date
May 9, 2023
Term
3 year
Vendor
Norstein Properties
Agency
Town of Concord
Source document
town-of-concord-meeting-minutes-2023-05-09_78b.pdf (Meeting Minutes)

Norstein Properties's other public contracts

City of Concord city, North CarolinaTax incentive for Norstein Properties LLC. · May 11, 2023$51.4KTown of Concord, NebraskaTax incentive for Norstein Properties, LLC. · May 11, 2023$51.4KTown of Concord, OhioEconomic development grant for Norstein Properties · May 11, 2023$51.4KCity of Concord city, North CarolinaNorstein Properties, LLC, gets Economic Development Grant · May 11, 2023$51.4KTown of Concord, OhioTax Incentive for Norstein Properties Redevelopment. · May 11, 2023$51.4KAll Norstein Properties contractsVendor profile

More Town of Concord contracts

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Questions about this contract

Who was awarded the economic development grant contract by Town of Concord?

Norstein Properties was awarded this economic development grant contract by Town of Concord, as recorded on May 9, 2023. The contract value is $4,200,000.

How much is the Norstein Properties contract with Town of Concord worth?

The Norstein Properties contract with Town of Concord is valued at $4,200,000, covering economic development grant work.

What type of contract is this?

This is a Economic Development Grant contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-concord-meeting-minutes-2023-05-09_78b.pdf (Meeting Minutes), dated May 9, 2023 from Town of Concord. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Norstein Properties hold?

Norstein Properties 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 Concord currently buying?

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

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