City Signs $1.45 Million Mixed-Income Housing Development Pact

Scope & details

The full contract record, as filed.

Contract amount

$1,450,000 City Support

Contract type

OTHER

Contract term

From execution until December 31, 2047

Renewal date

2047-12-31

Renewal

Agreement runs until December 31, 2047. Amendments by mutual written agreement. Support payment subject to construction milestones. Option to terminate if financing is not secured by September 1, 2027. Assignment permitted to entity controlled by Commonwealth Holdings III, LLC.

Document type

Agenda

Source document

Stevens Point Redevelopment Authority Agenda January 2026

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Other contracts from Commonwealth Real Estate Acquisitions Llc.

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City of Williston Agenda Packet 2026-07-28

APPROVED

Town of Williston, North Dakota$357,258.00 (calculated at $1.65 per square foot, subject to survey-based adjustment)Jul 26, 2026

City of Williston Board of City Commissioners Agenda 2026-07-28

PENDING

Town of Williston, North DakotaJul 26, 2026

City of Park Falls Common Council Meeting Agenda March 2026

PENDING

City of Park Falls, WisconsinMar 9, 2026

Stevens Point Common Council Minutes December 2025

APPROVED

City of Stevens Point, Wisconsin$1,450,000 (TIF support) plus $1 purchase price for propertyDec 2, 2025

city-of-williston-board-of-city-commissioners-agenda-september-9-2025_9d4.pdf

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Stevens Point?

Commonwealth Real Estate Acquisitions Llc was awarded this government contract by City of Stevens Point, as recorded on January 15, 2026. The contract value is $1,450,000 City Support.

How much is the Commonwealth Real Estate Acquisitions Llc contract with City of Stevens Point worth?

The Commonwealth Real Estate Acquisitions Llc contract with City of Stevens Point is valued at $1,450,000 City Support.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Stevens Point Redevelopment Authority Agenda January 2026 (Agenda), dated January 15, 2026 from City of Stevens Point. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Commonwealth Real Estate Acquisitions Llc hold?

Commonwealth Real Estate Acquisitions Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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