CONTRACTAPPROVED

Athens County Awards $7,000,000 Real Estate Development Contract to Lostro Ventures (May 2024)

Disclosed value: $7,000,000; From meeting minutes
Approved: May 14, 2024
Term: May 30, 2024, to December 31, 2026

What it covers

Enterprise Zone Agreement between Athens County and Lostro Ventures, LLC to renovate a building at 63 S. Court Street into hotel and mixed-use development with retail, entertainment and dining businesses. The project constitutes an investment of $7,000,000 by Lostro Ventures LLC between May 30, 2024, and December 31, 2026. Lostro will receive tax exemptions.

Who holds it

Lostro Ventures holds this real estate development contract with Athens County. Its other public contracts on record include work for City of Athens city and Town of Rome.

What happens next

Term as filed: May 30, 2024, to December 31, 2026.

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Contract details

Contract type: Real Estate Development
Amount: $7,000,000
Document date: May 14, 2024
Term: May 30, 2024, to December 31, 2026
Vendor: Lostro Ventures
Agency: Athens County
Source document: athens-county-meeting-minutes-2024-05-14-pdf_97c.pdf (Meeting Minutes)

Lostro Ventures's other public contracts

City of Athens city, Ohiocity-of-athens-cityagenda2024-08-12_38c.pdf · Aug 12, 2024Undisclosed Town of Rome, OhioEnterprise Zone Agreement for Lostro Ventures, LLC · May 14, 2024Undisclosed Athens Metropolitan Housing Authority, OhioLostro Ventures gets Enterprise Zone Agreement for $7M project · May 14, 2024$7M Athens County, OhioLostro Ventures to develop Enterprise Zone $7M project · Mar 26, 2024$7M Town of Waterloo, OhioLostro Ventures Invests in Athens, Ohio. · Mar 26, 2024$7M All Lostro Ventures contractsVendor profile

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Questions about this contract

Who was awarded the real estate development contract by Athens County?

Lostro Ventures was awarded this real estate development contract by Athens County, as recorded on May 14, 2024. The contract value is $7,000,000.

How much is the Lostro Ventures contract with Athens County worth?

The Lostro Ventures contract with Athens County is valued at $7,000,000, covering real estate development work.

What type of contract is this?

This is a Real Estate Development contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in athens-county-meeting-minutes-2024-05-14-pdf_97c.pdf (Meeting Minutes), dated May 14, 2024 from Athens County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Lostro Ventures hold?

Lostro Ventures 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 Athens County currently buying?

Explore Athens County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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