Core Spaces to Build Downtown Parking Deck, ADDA Reimburses $8.1M
Athens-Clarke County unified governmentCounty · Athens, GA- Disclosed value
- Approximately $17,600,000 (total parking deck cost); ADDA reimbursement capped at the lesser of 53% of actual cost or $8,100,000; ADDA repayment at 5% interest over 15 years
- From agenda
- Document date
- Dec 9, 2025
- Renews
- Free account
The 30-second brief
Core Spaces to build 425+ space downtown parking deck for Athens. ADDA will reimburse up to $8.1M of costs, paid over 15 years at 5% interest after project is complete.
Core Spaces holds this construction contract with Athens-Clarke County unified government. Its other public contracts on record include work for Clarke County and Athens-Clarke County unified government (balance).
The renewal date is on record. A free account shows it, with the renewals for every Athens-Clarke County unified government contract.
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Contract details
- Contract type
- Construction
- Amount
- Approximately $17,600,000 (total parking deck cost); ADDA reimbursement capped at the lesser of 53% of actual cost or $8,100,000; ADDA repayment at 5% interest over 15 years
- Document date
- December 9, 2025
- Term
- 15 years, starting Jan 1 after project delivery; no payments due until delivery; no prepayment penalty
- Renews
- Free account
- Vendor
- Core Spaces
- Source document
- joint_meeting_agenda_winterville_bogart_and_athens.pdf (Agenda)
Core Spaces's other public contracts
More Athens-Clarke County unified government contracts
Questions about this contract
Who was awarded the construction contract by Athens-Clarke County unified government?
Core Spaces was awarded this construction contract by Athens-Clarke County unified government, as recorded on December 9, 2025. The contract value is Approximately $17,600,000 (total parking deck cost); ADDA reimbursement capped at the lesser of 53% of actual cost or $8,100,000; ADDA repayment at 5% interest over 15 years.
How much is the Core Spaces contract with Athens-Clarke County unified government worth?
The Core Spaces contract with Athens-Clarke County unified government is valued at Approximately $17,600,000 (total parking deck cost); ADDA reimbursement capped at the lesser of 53% of actual cost or $8,100,000; ADDA repayment at 5% interest over 15 years, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in joint_meeting_agenda_winterville_bogart_and_athens.pdf (Agenda), dated December 9, 2025 from Athens-Clarke County unified government. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Core Spaces hold?
Core Spaces 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 Athens-Clarke County unified government currently buying?
Explore Athens-Clarke County unified government's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.