FACILITIESAMENDED

Senior Housing Land Deal Extended with TWG

The City of Mason is approving a Fifth Amendment to its Purchase Agreement with TWG Development, LLC for 5.36 acres of Temple Street property slated for senior affordable housing. The amendment extends the closing deadline to March 31, 2027 while maintaining the $180,000 purchase price and at least a $12.5 million investment in a minimum of 50 senior housing units.

Status
AMENDED
Document date
August 17, 2026
Contract type
FACILITIES
Vendor
Twg Development Llc
Agency
City of Mason · MI

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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
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Scope & details

The full contract record, as filed.

Contract amount
$180,000 purchase price; $10,000 earnest money deposit; up to three $25,000 non-refundable extension deposits; minimum $12.5 million investment in improvements
Contract type
FACILITIES
Contract term
Closing deadline extended to a mutually agreeable date not later than March 31, 2027; development to be completed within two years after closing
Renewal date
2027-03-31
Renewal
Original closing timeline has been extended multiple times via amendments, with this Fifth Amendment setting a final closing date no later than 2027-03-31. Purchaser previously could exercise up to three 60-day extensions by paying non-refundable $25,000 deposits.
Document type
AgendaPacket
Source document
City of Mason Agenda Packet August 17, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Mason?

Twg Development Llc was awarded this facilities contract by City of Mason, as recorded on August 17, 2026. The contract value is $180,000 purchase price; $10,000 earnest money deposit; up to three $25,000 non-refundable extension deposits; minimum $12.5 million investment in improvements.

How much is the Twg Development Llc contract with City of Mason worth?

The Twg Development Llc contract with City of Mason is valued at $180,000 purchase price; $10,000 earnest money deposit; up to three $25,000 non-refundable extension deposits; minimum $12.5 million investment in improvements, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Mason Agenda Packet August 17, 2026 (AgendaPacket), dated August 17, 2026 from City of Mason. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Twg Development Llc hold?

Twg Development 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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What is City of Mason currently buying?

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

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