CONSTRUCTIONAMENDED

Hermantown Cottages Development Agreement Transferred

The City previously entered into a 2025 development agreement with KTJ 360, LLC for the Hermantown Cottages townhouse expansion. The infrastructure received final completion certification on October 5, 2026, and the agreement is being transferred to VLSHRE Pillars Hermantown, LLC.

Document date · October 15, 2026

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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
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 type
CONSTRUCTION
Contract term
September 15, 2025 Development Agreement; final completion certified October 5, 2026
Renewal date
2026-10-05
Renewal
Assigned to VLSHRE Pillars Hermantown, LLC upon closing; performance bonds and any unspent trail escrow remain with the assignor until release conditions are met.
Document type
AgendaPacket
Source document
Hermantown Economic Development Authority AgendaPacket October 15, 2026

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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 Hermantown?

Ktj 360 Llc was awarded this construction contract by City of Hermantown, as recorded on October 15, 2026.

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 Hermantown Economic Development Authority AgendaPacket October 15, 2026 (AgendaPacket), dated October 15, 2026 from City of Hermantown. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ktj 360 Llc hold?

Ktj 360 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.

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