CONTRACTTABLED

Hobart Tables Becknell NorthWind North Development Agreement

City of Hobart logoCity of Hobart
Disclosed value
Estimated construction cost of $57,800,000; estimated exaction fee of $523,800.00
From agendapacket
Document date
Sep 16, 2026

The 30-second brief

What it covers

Hobart tabled action on a development agreement with Becknell Industrial, LLC for the NorthWind North industrial park. The proposed project carries an estimated $57.8 million construction cost, a $523,800 exaction fee, and a 10-year real property tax abatement schedule.

Who holds it

Becknell Industrial LLC holds this contract with City of Hobart.

What happens next

Term as filed: Construction anticipated to begin in the fourth quarter of 2026 or first quarter of 2027; first-phase completion anticipated by May 2027; real property tax abatement deduction period of 10 years.

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Contract details

Amount
Estimated construction cost of $57,800,000; estimated exaction fee of $523,800.00
Document date
September 16, 2026
Term
Construction anticipated to begin in the fourth quarter of 2026 or first quarter of 2027; first-phase completion anticipated by May 2027; real property tax abatement deduction period of 10 years
Source document
City of Hobart AgendaPacket Common Council Meeting 2026-09-16 (AgendaPacket)

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Questions about this contract

Who was awarded the government contract by City of Hobart?

Becknell Industrial LLC was awarded this government contract by City of Hobart, as recorded on September 16, 2026. The contract value is Estimated construction cost of $57,800,000; estimated exaction fee of $523,800.00.

How much is the Becknell Industrial LLC contract with City of Hobart worth?

The Becknell Industrial LLC contract with City of Hobart is valued at Estimated construction cost of $57,800,000; estimated exaction fee of $523,800.00.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Hobart AgendaPacket Common Council Meeting 2026-09-16 (AgendaPacket), dated September 16, 2026 from City of Hobart. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Becknell Industrial LLC hold?

Becknell Industrial 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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