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Major Tax Incentive Grant Proposed for Concord Commerce Park

Town of Concord
Disclosed value
Estimated $2,550,000 (five-year grant, based on investment)
From agenda
Document date
Jan 11, 2024
Term
Five years
Renews
Free account

The 30-second brief

What it covers

The City of Concord is considering a contract to provide a five-year, 85% tax-based infrastructure development grant to Concord Commerce Park for a major new development. The grant is estimated at $2,550,000, supporting manufacturing, warehousing, and related uses.

Who holds it

Concord Commerce Park holds this contract with Town of Concord. Its other public contracts on record include work for City of Concord city.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Concord contract.

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Contract details

Amount
Estimated $2,550,000 (five-year grant, based on investment)
Document date
January 11, 2024
Term
Five years
Renews
Free account
Vendor
Concord Commerce Park
Agency
Town of Concord
Source document
city-of-concord-council-agenda-january-11-2024_234.pdf (Agenda)

Concord Commerce Park's other public contracts

City of Concord city, North CarolinaUtility Easement and Right-of-Way Dedications Accepted for Concord Commerce Park · Jan 8, 2026UndisclosedTown of Concord, OhioConcord Commerce Park Receives $2.55M Infrastructure Development Grant · Jan 11, 2024$2.6MTown of Concord, OhioConcord Commerce Park could receive $2.5 million grant · Jan 11, 2024$2.6MTown of Concord, OhioConcord considers grant for Commerce Park Development · Jan 11, 2024UndisclosedCity of Concord city, North Carolinacity-of-concord-city-agenda-2024-01-11_59a.pdf · Jan 11, 2024$2.6MAll Concord Commerce Park contractsVendor profile

More Town of Concord contracts

EDIFICEEdifice for $579,274 Communication & Emergency Operation · Jul 10, 2025$579.3KTalbert Bright & EllingtonTalbert, Bright & Ellington wins $399K road contract · Jul 10, 2025$399.4KSealand ContractorsSealand Contractors Corp with $2.6M rehabilitation Contract · Jul 10, 2025$2.7MUrban SolarUrban Solar awarded $136K Bus Stop Solar project · Jul 10, 2025$136.9KNicolock Paving StonesConcord Considers Grant to Nicolock Paving Stones, LLC · Jul 10, 2025$98.9KAll Town of Concord activityAgency profile

Questions about this contract

Who was awarded the government contract by Town of Concord?

Concord Commerce Park was awarded this government contract by Town of Concord, as recorded on January 11, 2024. The contract value is Estimated $2,550,000 (five-year grant, based on investment).

How much is the Concord Commerce Park contract with Town of Concord worth?

The Concord Commerce Park contract with Town of Concord is valued at Estimated $2,550,000 (five-year grant, based on investment).

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 city-of-concord-council-agenda-january-11-2024_234.pdf (Agenda), dated January 11, 2024 from Town of Concord. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Concord Commerce Park hold?

Concord Commerce Park 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 Town of Concord currently buying?

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

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