Gresham Recommends New Rockwood Rising Ground Lease
City of GreshamCity · Gresham, OR- Disclosed value
- Estimated rent payments to GRDC commencing February 15, 2029: Year 1 $26,020.20; Year 2 $53,357.02; Year 5 $57,510.14
- From agenda
- Document date
- Sep 1, 2026
- Renews
- Free account
The 30-second brief
The Gresham Redevelopment Commission recommended a new ground lease with Rockwood Rising, LLC for Building A of the Rockwood Rising development. The 60-year lease retains existing financial terms, with estimated GRDC rent payments beginning February 15, 2029, and includes two extension options totaling 39 additional years.
Rockwood Rising LLC holds this facilities contract with City of Gresham. Its other public contracts on record include work for Gresham village.
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Contract details
- Contract type
- Facilities
- Amount
- Estimated rent payments to GRDC commencing February 15, 2029: Year 1 $26,020.20; Year 2 $53,357.02; Year 5 $57,510.14
- Document date
- September 1, 2026
- Term
- 60-year initial term beginning May 10, 2019, with a 20-year first extension option and a 19-year second extension option
- Renews
- On record
- Vendor
- Rockwood Rising LLC
- Agency
- City of Gresham
- Source document
- Gresham Redevelopment Commission Agenda September 01, 2026 (Agenda)
Rockwood Rising LLC's other public contracts
More City of Gresham contracts
Questions about this contract
Who was awarded the facilities contract by City of Gresham?
Rockwood Rising LLC was awarded this facilities contract by City of Gresham, as recorded on September 1, 2026. The contract value is Estimated rent payments to GRDC commencing February 15, 2029: Year 1 $26,020.20; Year 2 $53,357.02; Year 5 $57,510.14.
How much is the Rockwood Rising LLC contract with City of Gresham worth?
The Rockwood Rising LLC contract with City of Gresham is valued at Estimated rent payments to GRDC commencing February 15, 2029: Year 1 $26,020.20; Year 2 $53,357.02; Year 5 $57,510.14, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Gresham Redevelopment Commission Agenda September 01, 2026 (Agenda), dated September 1, 2026 from City of Gresham. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Rockwood Rising LLC hold?
Rockwood Rising 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 Gresham currently buying?
Explore City of Gresham's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
