CONTRACTAMENDED

Senior Housing Land Deal Extended with TWG

City of Mason logoCity of Mason
Disclosed value
$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
From agendapacket
Document date
Aug 17, 2026
Renews
Free account

The 30-second brief

What it covers

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.

Who holds it

Twg Development LLC holds this facilities contract with City of Mason. Its other public contracts on record include work for Santa Fe County.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Mason contract.

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Contract details

Contract type
Facilities
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
Document date
August 17, 2026
Term
Closing deadline extended to a mutually agreeable date not later than March 31, 2027; development to be completed within two years after closing
Renews
Free account
Source document
City of Mason Agenda Packet August 17, 2026 (AgendaPacket)

Twg Development LLC's other public contracts

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Questions about this contract

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.

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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.

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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