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City of Newton Awards $20,000 Property Sale Contract to Paramount Development (April 2025)

City of Newton logoCity of Newton
Disclosed value
$20,000
From report
Approved
Apr 21, 2025

The 30-second brief

What it covers

Paramount Development awarded $20,000 for purchase of four city-owned lots to develop affordable rental homes over a 20-year period.

Who holds it

Paramount Development holds this property sale contract with City of Newton. Its other public contracts on record include work for Town of Cannon and Town of Sharon.

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Contract details

Contract type
Property Sale
Amount
$20,000
Document date
April 21, 2025
Term
NA
Vendor
Paramount Development
Agency
City of Newton
Source document
city-of-newton-council-report-on-property-sale_51e.pdf (Report)

Paramount Development's other public contracts

Town of Cannon, MichiganBlackridge Site Condominium Amendment Submitted · Sep 8, 2026UndisclosedTown of Sharon, MassachusettsParamount Development Agreement Advances Library Redevelopment · Aug 3, 2026UndisclosedTown of Sharon, MassachusettsTown Enters Due Diligence Deal With Paramount Development · Jun 9, 2026UndisclosedTown of Sharon, MassachusettsBoard to Consider Due Diligence Deal for Carnegie · Jun 9, 2026UndisclosedTown of Sharon, MassachusettsParamount Development Library Purchase Under Review · May 26, 2026All Paramount Development contractsVendor profile

More City of Newton contracts

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Questions about this contract

Who was awarded the property sale contract by City of Newton?

Paramount Development was awarded this property sale contract by City of Newton, as recorded on April 21, 2025. The contract value is $20,000.

How much is the Paramount Development contract with City of Newton worth?

The Paramount Development contract with City of Newton is valued at $20,000, covering property sale work.

What type of contract is this?

This is a Property Sale contract, documented as a report record.

Where was this contract approved?

This contract appears in city-of-newton-council-report-on-property-sale_51e.pdf (Report), dated April 21, 2025 from City of Newton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Paramount Development hold?

Paramount Development 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 Newton currently buying?

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

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