City Approves Property Transfer to Hexagon Development Group

The City Council approved the third reading of an ordinance authorizing the transfer of city-owned parcels at 1125 Russell Street and 1067 Amelia Street to Hexagon Development Group for the development of apartments and commercial space. The deal includes purchase incentives and performance-based callbacks to ensure timely development.

Scope & details

The full contract record, as filed.

Contract amount

Incentives for purchase based on 5% of the tax market value

Contract type

OTHER

Contract term

Begin development within two years, substantially complete within four years

Renewal

Includes callback provisions requiring development to begin within two years and substantial completion within four years. City may repurchase property if conditions are not met.

Document type

Minutes

Source document

City of Orangeburg City Council Minutes 2026-05-19

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City of Orangeburg Minutes May 5, 2026

APPROVED

City of Orangeburg, South Carolina5% of tax value (approximate property transfer price); property for 1125 Russell Street and 1067 Amelia StreetMay 5, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Orangeburg?

Hexagon Development Group was awarded this government contract by City of Orangeburg, as recorded on May 19, 2026. The contract value is Incentives for purchase based on 5% of the tax market value.

How much is the Hexagon Development Group contract with City of Orangeburg worth?

The Hexagon Development Group contract with City of Orangeburg is valued at Incentives for purchase based on 5% of the tax market value.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Orangeburg City Council Minutes 2026-05-19 (Minutes), dated May 19, 2026 from City of Orangeburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hexagon Development Group hold?

Hexagon Development Group 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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