CONSTRUCTIONPENDING

Rebound Partners Proposes TIF-Supported Loft Project

Rebound Partners, as lead developer in Cannon River Lofts LLC, is proposing a $23.1 million mixed-use redevelopment at 315 Railway Street North in Dundas supported by a long-term Tax Increment Financing arrangement now under City consideration.

Status
PENDING
Document date
August 23, 2026
Contract type
CONSTRUCTION
Vendor
Rebound Partners
Agency
City of Dundas · MN

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
approximately $23,120,210 total development cost (shared)
Contract type
CONSTRUCTION
Contract term
Construction start Q4 2026/Q1 2027; completion Q4 2027; TIF term up to 25–26 years
Renewal
TIF district term proposed for up to 25–26 years with lookback provisions that may adjust the TIF note principal at construction completion, stabilization, or sale based on project costs and returns.
Document type
AgendaPacket
Source document
City of Dundas Economic Development Authority Agenda Packet 2026-08-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Dundas?

Rebound Partners was awarded this construction contract by City of Dundas, as recorded on August 23, 2026. The contract value is approximately $23,120,210 total development cost (shared).

How much is the Rebound Partners contract with City of Dundas worth?

The Rebound Partners contract with City of Dundas is valued at approximately $23,120,210 total development cost (shared), covering construction work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Dundas Economic Development Authority Agenda Packet 2026-08-24 (AgendaPacket), dated August 23, 2026 from City of Dundas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rebound Partners hold?

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

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What is City of Dundas currently buying?

Explore City of Dundas's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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