OTHERAPPROVED

Struxure Development Agreement Approved for Millrace Flats

The Goshen Redevelopment Commission approved a development agreement with Struxure Development, LLC for the Millrace Flats project. The deal calls for a $1 purchase price, a $1.5 million compliance mortgage, and an estimated $9.5 million private investment, with closing by July 1, 2027 and completion by June 1, 2029.

Document date · September 8, 2026

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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
$1.00 purchase price; $1,500,000.00 compliance mortgage; $9,500,000.00 anticipated private capital investment
Contract type
OTHER
Contract term
Closing/transfer no later than 2027-07-01; construction commencement by 2027-08-01; project completion by 2029-06-01
Renewal date
2029-06-01
Renewal
Agreement may be extended by mutual agreement for closing; developer may request up to a 12-month extension if documented market conditions materially affect deadlines. Any extension beyond 12 months requires a formal amendment approved by both parties.
Document type
Agenda
Source document
Goshen Redevelopment Commission Agenda 2026-09-08

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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 Goshen?

Struxure Development Llc was awarded this government contract by City of Goshen, as recorded on September 8, 2026. The contract value is $1.00 purchase price; $1,500,000.00 compliance mortgage; $9,500,000.00 anticipated private capital investment.

How much is the Struxure Development Llc contract with City of Goshen worth?

The Struxure Development Llc contract with City of Goshen is valued at $1.00 purchase price; $1,500,000.00 compliance mortgage; $9,500,000.00 anticipated private capital investment.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Goshen Redevelopment Commission Agenda 2026-09-08 (Agenda), dated September 8, 2026 from City of Goshen. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Struxure Development Llc hold?

Struxure 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.

View Struxure Development Llc's profile

What is City of Goshen currently buying?

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