Park Ridge Considers $8.9M Incentives for Hotel
Town of RidgeCity · IL- Disclosed value
- $8,900,000
- From minutes
- Document date
- Dec 2, 2024
The 30-second brief
Park Ridge considers economic incentives for MDSA Properties' 1440 Higgins Road Hotel project, addressing an $8.9 million feasibility gap.
Mdsa Properties holds this economic incentives contract with Town of Ridge. Its other public contracts on record include work for City of Park Ridge and Park Ridge village.
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Contract details
- Contract type
- Economic Incentives
- Amount
- $8,900,000
- Document date
- December 2, 2024
- Term
- NA
- Vendor
- Mdsa Properties
- Agency
- Town of Ridge
- Source document
- park-ridge-city-council-meeting-minutes-dec-2-2024_3fc.pdf (Minutes)
Mdsa Properties's other public contracts
More Town of Ridge contracts
Questions about this contract
Who was awarded the economic incentives contract by Town of Ridge?
Mdsa Properties was awarded this economic incentives contract by Town of Ridge, as recorded on December 2, 2024. The contract value is $8,900,000.
How much is the Mdsa Properties contract with Town of Ridge worth?
The Mdsa Properties contract with Town of Ridge is valued at $8,900,000, covering economic incentives work.
What type of contract is this?
This is a Economic Incentives contract, documented as a minutes record.
Where was this contract approved?
This contract appears in park-ridge-city-council-meeting-minutes-dec-2-2024_3fc.pdf (Minutes), dated December 2, 2024 from Town of Ridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Mdsa Properties hold?
Mdsa Properties 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 Ridge currently buying?
Explore Town of Ridge's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.