Town of St. James Development Agreement with Harbor Development Corp. et al. 2026
25-Year Development Agreement Approved with Harbor Development Corp.
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Description
The Town of St. James approved a 25-year development agreement with Harbor Development Corp. for the phased construction of a large mixed-use project, including property transfers, infrastructure, and annexation processes. The contract is contingent on successful rezoning and annexation and governs up to 1,902 housing units and commercial space.
Contract Details
Vendor
HARBOR DEVELOPMENT CORP
Agency
Town of St. James, NC
Contract Type
OTHER
Document Date
February 21, 2026
Contract Term
25 years from date of execution, with possible additional terms/extensions
Renewal Date
2051-02-21
Renewal Info
Initial term is 25 years. Parties may enter into additional terms or subsequent development agreements to extend the original term if allowed by law.
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Town of St. James Development Agreement with Harbor Development Corp. et al. 2026
Town of St. James Development Agreement with Harbor Development Corp. et al. 2026
Town of St. James Development Agreement with Harbor Development Corp. et al. 2026
Town of St. James Development Agreement with Harbor Development Corp. et al. 2026
Town of St. James Development Agreement with Harbor Development Corp. et al. 2026
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