City of Mishawaka Awards Construction Contract to Great Lakes Capital (January 2024)
- Disclosed value
- Estimated $175 million (full project); $14 million bond issuance phase (TIF contribution)
- From minutes
- Approved
- Jan 22, 2024
- Term
- 25 years (TIF bond repayment)
- Renews
- Free account
The 30-second brief
The Mishawaka Common Council approved an economic development agreement with Great Lakes Capital for Grandview Phase III, including a $14 million TIF-backed bond. Great Lakes Capital will construct a $175 million mixed-use development, funded in part through new tax increment revenue from project improvements.
Great Lakes Capital holds this construction contract with City of Mishawaka. Its other public contracts on record include work for Utah Olene Walker Housing Loan Fund Board | State of Utah and Town of Lincoln charter.
The renewal date is on record. A free account shows it, with the renewals for every City of Mishawaka contract.
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Contract details
- Contract type
- Construction
- Amount
- Estimated $175 million (full project); $14 million bond issuance phase (TIF contribution)
- Document date
- January 22, 2024
- Term
- 25 years (TIF bond repayment)
- Renews
- Free account
- Vendor
- Great Lakes Capital
- Agency
- City of Mishawaka
- Source document
- Mishawaka Common Council Minutes January 2024 (Minutes)
Great Lakes Capital's other public contracts
More City of Mishawaka contracts
Questions about this contract
Who was awarded the construction contract by City of Mishawaka?
Great Lakes Capital was awarded this construction contract by City of Mishawaka, as recorded on January 22, 2024. The contract value is Estimated $175 million (full project); $14 million bond issuance phase (TIF contribution).
How much is the Great Lakes Capital contract with City of Mishawaka worth?
The Great Lakes Capital contract with City of Mishawaka is valued at Estimated $175 million (full project); $14 million bond issuance phase (TIF contribution), covering construction work.
What type of contract is this?
This is a Construction contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Mishawaka Common Council Minutes January 2024 (Minutes), dated January 22, 2024 from City of Mishawaka. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Great Lakes Capital hold?
Great Lakes Capital 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 Mishawaka currently buying?
Explore City of Mishawaka's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.