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LOI with Vertikal Approved for Mixed-Income Housing Project

City of Grand Junction
Disclosed value
$100 (reduced price purchase)
From agendapacket
Approved
Oct 1, 2025

The 30-second brief

What it covers

The City Council approved a Letter of Intent for Vertikal to purchase 3.42 acres of city property for $100 to develop a mixed-income and affordable homeownership project on the Salt Flats site.

Who holds it

VERTIKAL holds this contract with City of Grand Junction.

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Contract details

Amount
$100 (reduced price purchase)
Document date
October 1, 2025
Vendor
VERTIKAL
Agency
City of Grand Junction
Source document
City of Grand Junction City Council Agenda Packet October 2025 (AgendaPacket)

VERTIKAL's other public contracts

City of Grand Junction, ColoradoVertikal Secures LOI for Mixed-Income Housing Development · Sep 17, 2025$100City of Grand Junction, ColoradoVertikal to purchase lots in Salt Flats Property · Sep 17, 2025$100City of Grand Junction, ColoradoCity to Consider Land Sale LOI with Vertikal · Sep 17, 2025UndisclosedCity of Grand Junction, ColoradoVertikal for Salt Flats development project · Aug 18, 2025UndisclosedCity of Grand Junction, ColoradoVertikal to develop Salt Flats housing project · Aug 18, 2025UndisclosedAll VERTIKAL contractsVendor profile

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Questions about this contract

Who was awarded the government contract by City of Grand Junction?

VERTIKAL was awarded this government contract by City of Grand Junction, as recorded on October 1, 2025. The contract value is $100 (reduced price purchase).

How much is the VERTIKAL contract with City of Grand Junction worth?

The VERTIKAL contract with City of Grand Junction is valued at $100 (reduced price purchase).

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 Grand Junction City Council Agenda Packet October 2025 (AgendaPacket), dated October 1, 2025 from City of Grand Junction. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does VERTIKAL hold?

VERTIKAL 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 Grand Junction currently buying?

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

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