oak-ridge-city-school-district-industrial-development-board-meeting-agenda_dab.pdf
HP-256005 Oak Ridge, LLC 10-year PILOT lease approved
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Description
HP-256005 Oak Ridge, LLC entered a lease with IDB for a 378-unit housing project with a 10-year PILOT tax abatement starting from completion.
Contract Details
Contract Amount
NA
Vendor
HP 256005 OAK RIDGE
Agency
Oak Ridge City School District, TN
Contract Type
Lease
Document Date
November 3, 2025
Contract Term
October 6, 2025 – 10 years after Completion Date
Renewal Date
NA
Renewal Info
Lease includes option to purchase and PILOT payments
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industrial_development_board_regular_meeting_agend.pdf
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approvedindustrial_development_board_minutes_november_2025.pdf
approvedcity-of-oak-ridge-industrial-development-board-meeting-agenda-october-6-2025_5c9.pdf
pendingindustrial-development-board-meeting-agenda-october-6-2025_efd.pdf
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