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City Engages DFI for Hotel Charles Pre-Development

City of Shelby logoCity of Shelby
Disclosed value
1% of total projected development costs
From proposal
Document date
Feb 4, 2026

The 30-second brief

What it covers

The City of Shelby has engaged the Development Finance Initiative (DFI) of the UNC School of Government to provide pre-development analysis and advisory services for the Hotel Charles redevelopment, funded in part through a 1% development services fee paid by the selected developer. DFI will also assist the City in evaluating proposals and structuring public-private partnership arrangements.

Who holds it

DFI holds this consulting contract with City of Shelby. Its other public contracts on record include work for Town of Garner and City of Brevard.

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Contract details

Contract type
Consulting
Amount
1% of total projected development costs
Document date
February 4, 2026
Vendor
DFI
Agency
City of Shelby
Source document
City of Shelby Development Partner Proposal Hotel Charles Feb 2026 (Proposal)

DFI's other public contracts

Town of Garner, North CarolinaGarner Continues Review of Proposed DFI Development Agreement · Aug 25, 2026UndisclosedTown of Garner, North CarolinaDFI Advises Garner on Downtown Redevelopment · Aug 25, 2026UndisclosedTown of Garner, North CarolinaDFI Consulting on Downtown Master Development Agreement · Aug 25, 2026UndisclosedCity of Brevard, North CarolinaCouncil Authorizes DFI Review of Housing Developer · Aug 17, 2026City of Brevard, North CarolinaDFI Review Proposed for Affordable Housing Developer · Aug 11, 2026All DFI contractsVendor profile

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Questions about this contract

Who was awarded the consulting contract by City of Shelby?

DFI was awarded this consulting contract by City of Shelby, as recorded on February 4, 2026. The contract value is 1% of total projected development costs.

How much is the DFI contract with City of Shelby worth?

The DFI contract with City of Shelby is valued at 1% of total projected development costs, covering consulting work.

What type of contract is this?

This is a Consulting contract, documented as a proposal record.

Where was this contract approved?

This contract appears in City of Shelby Development Partner Proposal Hotel Charles Feb 2026 (Proposal), dated February 4, 2026 from City of Shelby. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does DFI hold?

DFI 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 Shelby currently buying?

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

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