Falls Church Selects Urban Atlantic for Housing Redevelopment MOU
City of Falls ChurchCity · Falls Church, VA- Disclosed value
- Developer fee equal to 15% of gross sales price for each townhouse lot; project management fee equal to 10% of total townhouse lot site development costs if applicable
- From agreement
- Document date
- Oct 29, 2026
- Renews
- Free account
The 30-second brief
The City of Falls Church is pursuing an interim memorandum of understanding with Urban Atlantic Development LLC after selecting the developer’s proposal as the best response to the Virginia Village Affordable Housing Services RFP. The MOU would run through June 30, 2027, with a possible six-month extension, and would guide due diligence, design, financing, and negotiations for a future comprehensive development agreement.
Urban Atlantic Development LLC holds this contract with City of Falls Church. Its other public contracts on record include work for City of Laurel and Prince George's County.
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Contract details
- Amount
- Developer fee equal to 15% of gross sales price for each townhouse lot; project management fee equal to 10% of total townhouse lot site development costs if applicable
- Document date
- October 29, 2026
- Term
- Effective Date in November 2026 through June 30, 2027, unless earlier terminated or superseded by a Comprehensive Agreement; one extension of up to six months may be agreed in writing
- Renews
- On record
- Agency
- City of Falls Church
- Source document
- City of Falls Church Agreement Memorandum of Understanding with Urban Atlantic Development LLC 2026-10-29 (Agreement)
Urban Atlantic Development LLC's other public contracts
More City of Falls Church contracts
Questions about this contract
Who was awarded the government contract by City of Falls Church?
Urban Atlantic Development LLC was awarded this government contract by City of Falls Church, as recorded on October 29, 2026. The contract value is Developer fee equal to 15% of gross sales price for each townhouse lot; project management fee equal to 10% of total townhouse lot site development costs if applicable.
How much is the Urban Atlantic Development LLC contract with City of Falls Church worth?
The Urban Atlantic Development LLC contract with City of Falls Church is valued at Developer fee equal to 15% of gross sales price for each townhouse lot; project management fee equal to 10% of total townhouse lot site development costs if applicable.
What type of contract is this?
This is a government contract, documented as a agreement record.
Where was this contract approved?
This contract appears in City of Falls Church Agreement Memorandum of Understanding with Urban Atlantic Development LLC 2026-10-29 (Agreement), dated October 29, 2026 from City of Falls Church. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Urban Atlantic Development LLC hold?
Urban Atlantic Development 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.
What is City of Falls Church currently buying?
Explore City of Falls Church's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.