Velair Seeks Three-Year Construction Amendment

Velair Development Company asked Anoka to amend its purchase agreement for 2.55 acres at 4th Avenue and Johnson Street. The proposed amendment would provide three years after land closing to begin construction of a four-story market-rate multifamily apartment project.

Document date · August 24, 2026

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Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

Three years from the land closing to commence construction

Renewal

Proposed first amendment to the purchase agreement; the requested three-year construction commencement period would run from the eventual land closing date.

Document type

AgendaPacket

Source document

Anoka AgendaPacket City Council Worksession 2026-08-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Anoka?

Velair Development Company was awarded this government contract by City of Anoka, as recorded on August 24, 2026.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Anoka AgendaPacket City Council Worksession 2026-08-24 (AgendaPacket), dated August 24, 2026 from City of Anoka. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Velair Development Company hold?

Velair Development Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Velair Development Company's profile

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