OTHERPENDING

Kinston Considers Glen Raven Mill Conveyance to smART Kinston

Kinston City Council is considering conveying the city-owned Glen Raven Mill to smART Kinston Foundation under a previously signed development agreement. The foundation would invest at least $2.5 million, complete construction by the requested October 31, 2028 deadline, and operate the redevelopment for at least 10 years.

Document date · October 16, 2026

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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
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 amount
$2,500,000 minimum investment; property conveyed at no cost
Contract type
OTHER
Contract term
Development Agreement signed October 10, 2025; construction completion originally required by October 31, 2027, with an extension requested to October 31, 2028; 20 years, renewable in 10-year periods; 10-year operating covenant
Renewal date
2045-10-10
Renewal
The agreement has a 20-year term with renewal in 10-year periods. Covenants run with the land and automatically renew; the property may revert to the City upon default.
Document type
AgendaPacket
Source document
Kinston City Council AgendaPacket Regular Meeting October 20, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Kinston?

Smart Kinston Foundation was awarded this government contract by City of Kinston, as recorded on October 16, 2026. The contract value is $2,500,000 minimum investment; property conveyed at no cost.

How much is the Smart Kinston Foundation contract with City of Kinston worth?

The Smart Kinston Foundation contract with City of Kinston is valued at $2,500,000 minimum investment; property conveyed at no cost.

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 Kinston City Council AgendaPacket Regular Meeting October 20, 2026 (AgendaPacket), dated October 16, 2026 from City of Kinston. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Smart Kinston Foundation hold?

Smart Kinston Foundation 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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