Woodmont Rental-Based Bancroft Proposal Re-Evaluated
Borough of HaddonfieldCity · Haddonfield, NJ- Disclosed value
- Approximately $19 million in PILOT revenue over 30 years (proposed)
- From transcript
- Document date
- Mar 10, 2025
- Term
- 30 years (proposed PILOT term)
The 30-second brief
In the de novo RFP review, Haddonfield re-examined Woodmont’s 120-unit all-rental Bancroft concept, which proposes a 10% PILOT worth about $19 million over 30 years. The plan anticipates 16 school-age children and no age restriction.
WOODMONT holds this facilities contract with Borough of Haddonfield. Its other public contracts on record include work for City of Albany and City of South Amboy.
Term as filed: 30 years (proposed PILOT term).
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Facilities
- Amount
- Approximately $19 million in PILOT revenue over 30 years (proposed)
- Document date
- March 10, 2025
- Term
- 30 years (proposed PILOT term)
- Vendor
- WOODMONT
- Agency
- Borough of Haddonfield
- Source document
- Borough of Haddonfield Commissioners Hearing Transcript 2025-03-10 (Transcript)
WOODMONT's other public contracts
More Borough of Haddonfield contracts
Questions about this contract
Who was awarded the facilities contract by Borough of Haddonfield?
WOODMONT was awarded this facilities contract by Borough of Haddonfield, as recorded on March 10, 2025. The contract value is Approximately $19 million in PILOT revenue over 30 years (proposed).
How much is the WOODMONT contract with Borough of Haddonfield worth?
The WOODMONT contract with Borough of Haddonfield is valued at Approximately $19 million in PILOT revenue over 30 years (proposed), covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a transcript record.
Where was this contract approved?
This contract appears in Borough of Haddonfield Commissioners Hearing Transcript 2025-03-10 (Transcript), dated March 10, 2025 from Borough of Haddonfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does WOODMONT hold?
WOODMONT 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 Borough of Haddonfield currently buying?
Explore Borough of Haddonfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.