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LURA Amends $15 Million TIF Deal With Hines

City of Longmont logoCity of Longmont
Disclosed value
Maximum commitment of $15,000,000 in TIF reimbursement support
From agenda
Document date
Mar 31, 2026
Term
Tax increment period up to 25 years
Renews
Free account

The 30-second brief

What it covers

The Longmont Urban Renewal Authority approved the First Amendment to its redevelopment agreement with Hines Longmont 800 L.L.C. to support a 256-unit multifamily project at Nelson Road and Hover Street. The amendment maintains up to $15 million in TIF reimbursement over 25 years while removing the annual $600,000 disbursement cap, with payments limited to project-generated tax increment revenues.

Who holds it

Hines Longmont 800 LLC holds this financial services contract with City of Longmont.

What happens next

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

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Contract details

Contract type
Financial Services
Amount
Maximum commitment of $15,000,000 in TIF reimbursement support
Document date
March 31, 2026
Term
Tax increment period up to 25 years
Renews
Free account
Vendor
Hines Longmont 800 LLC
Agency
City of Longmont
Source document
Longmont Urban Renewal Authority Board Agenda March 2026 (Agenda)

Hines Longmont 800 LLC's other public contracts

City of Longmont, ColoradoLURA Amends Hines Longmont 800 Redevelopment Agreement · May 5, 2026City of Longmont, ColoradoAmendment to Hines Longmont 800 Redevelopment Agreement · Mar 31, 2026UndisclosedCity of Longmont, ColoradoTIF Agreement Approved for Old Walmart Redevelopment · Jan 6, 2026UndisclosedCity of Longmont, ColoradoHines Longmont 800 LLC $15M redevelopment agreement approved · Oct 28, 2025$15MCity of Longmont, ColoradoLURA to consider TIF agreement with Hines · Oct 28, 2025UndisclosedAll Hines Longmont 800 LLC contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Longmont?

Hines Longmont 800 LLC was awarded this financial services contract by City of Longmont, as recorded on March 31, 2026. The contract value is Maximum commitment of $15,000,000 in TIF reimbursement support.

How much is the Hines Longmont 800 LLC contract with City of Longmont worth?

The Hines Longmont 800 LLC contract with City of Longmont is valued at Maximum commitment of $15,000,000 in TIF reimbursement support, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Longmont Urban Renewal Authority Board Agenda March 2026 (Agenda), dated March 31, 2026 from City of Longmont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hines Longmont 800 LLC hold?

Hines Longmont 800 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.

What is City of Longmont currently buying?

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

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