Northpoint Phenix Commerce Center Development Completed
- Disclosed value
- $90,000 per acre, with a $20,000 per-acre credit; effective rate $70,000 per acre
- From agendapacket
- Document date
- Sep 15, 2026
The 30-second brief
The EDA approved a development agreement with Northpoint Development, LLC for the 142.21-acre Phenix Commerce Center site. The property closed at an effective rate of $70,000 per acre, and construction is complete.
Northpoint Development LLC holds this construction contract with City of Hampton. Its other public contracts on record include work for City of Romulus and Town of Fairfield.
Term as filed: November 9, 2022 – August 3, 2023 closing.
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Contract details
- Contract type
- Construction
- Amount
- $90,000 per acre, with a $20,000 per-acre credit; effective rate $70,000 per acre
- Document date
- September 15, 2026
- Term
- November 9, 2022 – August 3, 2023 closing
- Agency
- City of Hampton
- Source document
- Economic Development Authority of the City of Hampton Agenda Packet September 15, 2026 (AgendaPacket)
Northpoint Development LLC's other public contracts
More City of Hampton contracts
Questions about this contract
Who was awarded the construction contract by City of Hampton?
Northpoint Development LLC was awarded this construction contract by City of Hampton, as recorded on September 15, 2026. The contract value is $90,000 per acre, with a $20,000 per-acre credit; effective rate $70,000 per acre.
How much is the Northpoint Development LLC contract with City of Hampton worth?
The Northpoint Development LLC contract with City of Hampton is valued at $90,000 per acre, with a $20,000 per-acre credit; effective rate $70,000 per acre, 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 Economic Development Authority of the City of Hampton Agenda Packet September 15, 2026 (AgendaPacket), dated September 15, 2026 from City of Hampton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Northpoint Development LLC hold?
Northpoint 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 Hampton currently buying?
Explore City of Hampton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.