Town of Glendale Awards Construction Contract to New Land Construction (February 2024)
Town of GlendaleCity · WI- Disclosed value
- $37,500,000 (estimated construction cost); $6,800,000 TIF incentive; $7,800,000 environmental remediation costs (estimated)
- From agenda
- Approved
- Feb 24, 2024
- Renews
- Free account
The 30-second brief
The City of Glendale approved a Planned Development with New Land Construction for a 179-unit market-rate multifamily housing project at 2510 West Good Hope Road, including $6.8 million in TIF incentives and $7.8 million in environmental remediation costs. The TIF increment will be provided through 2053, totaling $25.6 million.
New Land Construction holds this construction contract with Town of Glendale. Its other public contracts on record include work for City of Glendale.
The renewal date is on record. A free account shows it, with the renewals for every Town of Glendale contract.
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Contract details
- Contract type
- Construction
- Amount
- $37,500,000 (estimated construction cost); $6,800,000 TIF incentive; $7,800,000 environmental remediation costs (estimated)
- Document date
- February 24, 2024
- Term
- Increment provided through 2053 (TIF support)
- Renews
- Free account
- Vendor
- New Land Construction
- Agency
- Town of Glendale
- Source document
- City of Glendale Community Development Authority Agenda Feb 2024 (Agenda)
New Land Construction's other public contracts
More Town of Glendale contracts
Questions about this contract
Who was awarded the construction contract by Town of Glendale?
New Land Construction was awarded this construction contract by Town of Glendale, as recorded on February 24, 2024. The contract value is $37,500,000 (estimated construction cost); $6,800,000 TIF incentive; $7,800,000 environmental remediation costs (estimated).
How much is the New Land Construction contract with Town of Glendale worth?
The New Land Construction contract with Town of Glendale is valued at $37,500,000 (estimated construction cost); $6,800,000 TIF incentive; $7,800,000 environmental remediation costs (estimated), covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of Glendale Community Development Authority Agenda Feb 2024 (Agenda), dated February 24, 2024 from Town of Glendale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does New Land Construction hold?
New Land Construction 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 Town of Glendale currently buying?
Explore Town of Glendale's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.