Blackinton Mill LLC eyes $17M redevelopment with TIF
- Disclosed value
- $17,000,000
- From agenda
- Document date
- Aug 22, 2023
- Term
- 10 years
The 30-second brief
City of North Adams is considering a Tax Increment Financing (TIF) agreement with Blackinton Mill LLC for a $17 million redevelopment project. The project aims to transform the former Blackinton Mill into a 50-room luxury hotel, creating 25 full-time jobs and boosting tourism.
Blackinton Mill holds this tax increment financing contract with City of North Adams. Its other public contracts on record include work for North Adams village.
Term as filed: 10 years.
See who signed off on this $17M contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Tax Increment Financing
- Amount
- $17,000,000
- Document date
- August 22, 2023
- Term
- 10 years
- Vendor
- Blackinton Mill
- Agency
- City of North Adams
- Source document
- city-of-north-adams-city-council-meeting-agenda-august-22-2023_854.pdf (Agenda)
Blackinton Mill's other public contracts
More City of North Adams contracts
Questions about this contract
Who was awarded the tax increment financing contract by City of North Adams?
Blackinton Mill was awarded this tax increment financing contract by City of North Adams, as recorded on August 22, 2023. The contract value is $17,000,000.
How much is the Blackinton Mill contract with City of North Adams worth?
The Blackinton Mill contract with City of North Adams is valued at $17,000,000, covering tax increment financing work.
What type of contract is this?
This is a Tax Increment Financing contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-north-adams-city-council-meeting-agenda-august-22-2023_854.pdf (Agenda), dated August 22, 2023 from City of North Adams. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Blackinton Mill hold?
Blackinton Mill 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 North Adams currently buying?
Explore City of North Adams's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.