CONTRACTAPPROVED

Kinston Approves Glen Raven Mill Development Agreement

City of Kinston logoCity of Kinston
Disclosed value
Without cost to the City; minimum developer investment of $2,500,000
From agendapacket
Approved
Oct 20, 2026
Renews
Free account

The 30-second brief

What it covers

Kinston approved a development agreement with smART Kinston Foundation to redevelop the Glen Raven Mill at no cost to the City. The agreement requires at least $2.5 million in investment, completion by October 31, 2027 unless extended, and operation for at least 10 years.

Who holds it

Smart Kinston Foundation holds this contract with City of Kinston. Its other public contracts on record include work for Town of Kingstown.

What happens next

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Contract details

Amount
Without cost to the City; minimum developer investment of $2,500,000
Document date
October 20, 2026
Term
20 years, renewable in 10-year periods; 10-year operating covenant after operations begin
Renews
On record
Source document
City of Kinston AgendaPacket Kinston City Council Agenda 2026-10-20 (AgendaPacket)

Smart Kinston Foundation's other public contracts

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Questions about this contract

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 20, 2026. The contract value is Without cost to the City; minimum developer investment of $2,500,000.

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 Without cost to the City; minimum developer investment of $2,500,000.

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 Kinston AgendaPacket Kinston City Council Agenda 2026-10-20 (AgendaPacket), dated October 20, 2026 from City of Kinston. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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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.

What is City of Kinston currently buying?

Explore City of Kinston's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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