OTHERAWARDED

$5M Cone Mill Sale Approved to Cone Mill Development Ventures LLC

Pineville Town Council approved a $5 million Purchase and Sale Agreement with Cone Mill Development Ventures LLC for redevelopment of the Cone Mill property into mixed-use residential and commercial space, subject to conditions including a joint development agreement and public improvements.

Status
AWARDED
Document date
December 10, 2024
Contract type
OTHER
Vendor
Cone Mill Development Ventures Llc
Agency
Town of Pineville · NC

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$5,000,000
Contract type
OTHER
Contract term
Purchase Agreement effective October 23, 2024; closing to occur no later than 30 months after effective date or 30 days after all permits, with examination and permitting periods defined
Renewal date
2027-04-23
Renewal
PSA includes option for extensions: Brownfields period (9 months) may be extended up to 6 more months; examination and permitting periods allow extensions with additional earnest money. Closing must occur within 30 months of effective date plus any permitted extensions.
Document type
Agenda
Source document
Pineville Town Council Agenda December 2024

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Pineville?

Cone Mill Development Ventures Llc was awarded this government contract by Town of Pineville, as recorded on December 10, 2024. The contract value is $5,000,000.

How much is the Cone Mill Development Ventures Llc contract with Town of Pineville worth?

The Cone Mill Development Ventures Llc contract with Town of Pineville is valued at $5,000,000.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Pineville Town Council Agenda December 2024 (Agenda), dated December 10, 2024 from Town of Pineville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cone Mill Development Ventures Llc hold?

Cone Mill Development Ventures Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Cone Mill Development Ventures Llc's profile

What is Town of Pineville currently buying?

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

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