CONTRACTONGOING

Brownfield project receives $588K incentive for redevelopment

Disclosed value: $588,459; From agenda
Document date: Mar 3, 2025
Term: 24 years

What it covers

Building Better Spaces, LLC will receive up to $588,459 over 24 years for redevelopment and environmental cleanup. The Brownfield Redevelopment Authority is set to reimburse the Developer for its Eligible Costs, in accordance with the process herein, and as limited under this Agreement, from all available (actually captured) Tax Increment Revenues collected from the real and personal property taxes on the Property.

Who holds it

Building Better Spaces holds this development and reimbursement contract with City of Marshall.

What happens next

Term as filed: 24 years.

See who signed off on this $588.5K contract.

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Contract details

Contract type: Development And Reimbursement
Amount: $588,459
Document date: March 3, 2025
Term: 24 years
Vendor: Building Better Spaces
Agency: City of Marshall
Source document: city-of-marshall-city-council-agenda-march-3-2025_0bd.pdf (Agenda)

Building Better Spaces's other public contracts

City of Marshall, MichiganSale of 0.06 acres to Building Better Spaces, LLC. for $1.00 · Aug 18, 2025$1 City of Marshall, MichiganCity of Marshall conveys property to Building Better Spaces for $1 · Aug 1, 2025$1 City of Marshall, MichiganCity considering Brownfield Agreement with Better Spaces · Mar 3, 2025Undisclosed City of Marshall, MichiganBrownfield Development Agreement with Building Better Spaces, LLC approved · Mar 3, 2025Undisclosed City of Marshall, MichiganBuilding Better Spaces, LLC approved agreement · Feb 27, 2025Undisclosed All Building Better Spaces contractsVendor profile

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Questions about this contract

Who was awarded the development and reimbursement contract by City of Marshall?

Building Better Spaces was awarded this development and reimbursement contract by City of Marshall, as recorded on March 3, 2025. The contract value is $588,459.

How much is the Building Better Spaces contract with City of Marshall worth?

The Building Better Spaces contract with City of Marshall is valued at $588,459, covering development and reimbursement work.

What type of contract is this?

This is a Development And Reimbursement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-marshall-city-council-agenda-march-3-2025_0bd.pdf (Agenda), dated March 3, 2025 from City of Marshall. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Building Better Spaces hold?

Building Better Spaces 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 Marshall currently buying?

Explore City of Marshall's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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