CONTRACTAPPROVED

City of Norfolk Awards Redevelopment Tax Increment Financing Contract to North Kings Highway (June 2025)

City of Norfolk logoCity of Norfolk
Approved
Jun 16, 2025
Term
January 1, 2025 – 15 years

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THE 30-SECOND BRIEF

What it covers

North Kings Highway, LLC awarded tax increment financing for Sunset Plaza Redevelopment Project effective January 1, 2025 for 15 years.

Who holds it

North Kings Highway holds this redevelopment tax increment financing contract with City of Norfolk.

What happens next

Term as filed: January 1, 2025 – 15 years.

Contract details

Contract type
Redevelopment Tax Increment Financing
Document date
June 16, 2025
Term
January 1, 2025 – 15 years
Source document
community_development_agency_meeting_agenda_june_1.pdf (Agenda)

North Kings Highway's other public contracts

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Questions about this contract

Who was awarded the redevelopment tax increment financing contract by City of Norfolk?

North Kings Highway was awarded this redevelopment tax increment financing contract by City of Norfolk, as recorded on June 16, 2025.

What type of contract is this?

This is a Redevelopment Tax Increment Financing contract, documented as a agenda record.

Where was this contract approved?

This contract appears in community_development_agency_meeting_agenda_june_1.pdf (Agenda), dated June 16, 2025 from City of Norfolk. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does North Kings Highway hold?

North Kings Highway 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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