town-of-portage-agenda-2025-06-05_dc6.pdf
$3.8M Investment for McConley Cove Subdivision
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Description
American Village Development II, LLC is undertaking brownfield redevelopment with a projected capital investment of $3.8 million. It includes site preparation and infrastructure improvements with costs of $3,138,206 to develop the McConley Cove subdivision featuring 54 market-rate housing units.
Contract Details
Contract Amount
$3,138,206
Vendor
AMERICAN VILLAGE DEVELOPMENT II
Agency
Town of Portage, SD
Contract Type
Brownfield Redevelopment
Document Date
June 5, 2025
Contract Term
17 years
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