CONTRACTAPPROVED

City of Rochester Awards $1,000,000 Development Assistance Agreement Contract to Build Wealth Mn Inc (October 2025)

City of Rochester

Disclosed value: $1,000,000; From agenda
Approved: Oct 20, 2025
Term: Until December 31, 2030

What it covers

Rochester EDA approves $1M development assistance for Build Wealth MN, Inc., for London Brook project.

Who holds it

Build Wealth Mn Inc holds this development assistance agreement contract with City of Rochester.

What happens next

Term as filed: Until December 31, 2030.

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Contract details

Contract type: Development Assistance Agreement
Amount: $1,000,000
Document date: October 20, 2025
Term: Until December 31, 2030
Vendor: Build Wealth Mn Inc
Agency: City of Rochester
Source document: rochester_economic_development_authority_agenda_oc.pdf (Agenda)

Build Wealth Mn Inc's other public contracts

City of Rochester, MinnesotaCouncil approves final plat for London Brook Ponds · Jul 16, 2026Undisclosed City of Rochester, MinnesotaCity funds London Brook Ponds development contribution · Jul 6, 2026$1M City of Rochester, MinnesotaCity Funds London Brook Ponds Development · Jul 6, 2026$1M City of Rochester, MinnesotaLondon Brook Ponds Final Plat Gains Council Approval · Jul 6, 2026Undisclosed City of Rochester, MinnesotaBuild Wealth MN, Inc. Development Assistance Agreement approved · Oct 20, 2025Undisclosed All Build Wealth Mn Inc contractsVendor profile

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Questions about this contract

Who was awarded the development assistance agreement contract by City of Rochester?

Build Wealth Mn Inc was awarded this development assistance agreement contract by City of Rochester, as recorded on October 20, 2025. The contract value is $1,000,000.

How much is the Build Wealth Mn Inc contract with City of Rochester worth?

The Build Wealth Mn Inc contract with City of Rochester is valued at $1,000,000, covering development assistance agreement work.

What type of contract is this?

This is a Development Assistance Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in rochester_economic_development_authority_agenda_oc.pdf (Agenda), dated October 20, 2025 from City of Rochester. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Build Wealth Mn Inc hold?

Build Wealth Mn Inc 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 Rochester currently buying?

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

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