City of Hibbing Awards Construction Contract to Bj Baas (October 2026)

BJ Baas was selected as contractor for HEDA’s Iron Exchange at 400 mixed-use workforce-housing project after six contractors submitted pricing. The project’s updated hard-cost estimate is approximately $19 million, with construction planned after a potential spring 2027 financing close.

Document date · October 4, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Approximately $19,000,000 in hard costs

Contract type

CONSTRUCTION

Contract term

Construction targeted to follow a spring 2027 financing close

Renewal date

2027-03-31

Renewal

Construction award is contingent on securing project financing and remaining gap funding; no extension terms stated.

Document type

AgendaPacket

Source document

Hibbing Economic Development Authority AgendaPacket 2026-10-06

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Hibbing Economic Development Authority Agenda Packet 2026-10-06

AWARDED

THE HRA OF HIBBING, MINNESOTA, MinnesotaApproximately $19,000,000 in hard project costsOct 6, 2026

Hibbing Economic Development Authority Minutes Regular and Workshop Meeting 2026-08-04

ONGOING

THE HRA OF HIBBING, MINNESOTA, MinnesotaAug 4, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Hibbing?

Bj Baas was awarded this construction contract by City of Hibbing, as recorded on October 4, 2026. The contract value is Approximately $19,000,000 in hard costs.

How much is the Bj Baas contract with City of Hibbing worth?

The Bj Baas contract with City of Hibbing is valued at Approximately $19,000,000 in hard costs, 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 Hibbing Economic Development Authority AgendaPacket 2026-10-06 (AgendaPacket), dated October 4, 2026 from City of Hibbing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bj Baas hold?

Bj Baas 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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