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City of North Mankato Awards $2,616,000 Development Agreement Contract to 1111 Holdings of Mankato (April 2025)

City of North Mankato logoCity of North Mankato
Disclosed value
$2,616,000
From minutes
Approved
Apr 21, 2025

The 30-second brief

What it covers

Amended development agreement approved with 1111 Holdings of Mankato, LLC for a 61-unit apartment building, with TIF not to exceed $2,616,000, facilitating the project's financial viability.

Who holds it

1111 Holdings of Mankato holds this development agreement contract with City of North Mankato. Its other public contracts on record include work for Town of North.

See who signed off on this $2.6M contract.

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Contract details

Contract type
Development Agreement
Amount
$2,616,000
Document date
April 21, 2025
Term
NA
Vendor
1111 Holdings of Mankato
Agency
City of North Mankato
Source document
city-of-north-mankato-council-minutes-april-21-2025_8df.pdf (Minutes)

1111 Holdings of Mankato's other public contracts

City of North Mankato, MinnesotaHotel Redevelopment agreement with 1111 Holdings · Apr 21, 2025UndisclosedCity of North Mankato, Minnesota1111 Holdings Obtains $1M TIF for Mixed-Use · Apr 21, 2025$1MTown of North, MinnesotaDevelopment agreement for hotel redevelopment considered · Apr 21, 2025UndisclosedTown of North, MinnesotaCity supports 1111 holdings through TIF assistance · Apr 7, 2025$1MTown of North, MinnesotaCity supports 1111 holdings through TIF assistance · Apr 7, 2025$2.6MAll 1111 Holdings of Mankato contractsVendor profile

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Questions about this contract

Who was awarded the development agreement contract by City of North Mankato?

1111 Holdings of Mankato was awarded this development agreement contract by City of North Mankato, as recorded on April 21, 2025. The contract value is $2,616,000.

How much is the 1111 Holdings of Mankato contract with City of North Mankato worth?

The 1111 Holdings of Mankato contract with City of North Mankato is valued at $2,616,000, covering development agreement work.

What type of contract is this?

This is a Development Agreement contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-north-mankato-council-minutes-april-21-2025_8df.pdf (Minutes), dated April 21, 2025 from City of North Mankato. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does 1111 Holdings of Mankato hold?

1111 Holdings of Mankato 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 North Mankato currently buying?

Explore City of North Mankato's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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