City of Athens Awards Financial Services Contract to Nre Swan Creek Llc (December 2025)

The Athens City Council approved an economic development Project Agreement with NRE Swan Creek, LLC for a new retail shopping center on Braley Boulevard. The City will construct roadway improvements and rebate up to $7.4 million in sales tax proceeds over as many as 12 years, contingent on store openings and performance.

Document date · December 22, 2025

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Scope & details

The full contract record, as filed.

Contract amount

Up to $7,400,000 in sales tax reimbursements over 12 years

Contract type

FINANCIAL_SERVICES

Contract term

Sales tax term beginning after store openings, up to 12 years

Renewal

Agreement includes a sales tax term up to 12 years or until $7.4 million is rebated; extensions or modifications would require additional council action.

Document type

Minutes

Source document

City of Athens Minutes 2025-12-22

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Athens?

Nre Swan Creek Llc was awarded this financial services contract by City of Athens, as recorded on December 22, 2025. The contract value is Up to $7,400,000 in sales tax reimbursements over 12 years.

How much is the Nre Swan Creek Llc contract with City of Athens worth?

The Nre Swan Creek Llc contract with City of Athens is valued at Up to $7,400,000 in sales tax reimbursements over 12 years, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Athens Minutes 2025-12-22 (Minutes), dated December 22, 2025 from City of Athens. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Nre Swan Creek Llc hold?

Nre Swan Creek Llc 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 Nre Swan Creek Llc's profile

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