CONSTRUCTIONRECOMMENDED

Capital Investment Partners Recommended for Housing Project

Menomonie city staff recommended Capital Investment Partners, LLC as the preferred developer for an affordable housing project on Nicholas Drive. The developer proposes approximately $34 million in private investment and is requesting $2.25 million from the City's Affordable Housing Fund, plus Tax Increment District #17 participation, with construction targeted to begin by September 1, 2027.

Document date · September 21, 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

Scope & details

The full contract record, as filed.

Contract amount
Approximately $34 million private capital; requesting $2.25 million from the City's Affordable Housing Fund plus Tax Increment District #17 participation
Contract type
CONSTRUCTION
Contract term
Preferred developer selection proposed September 21, 2026; option agreement to close no later than December 31, 2026; construction start no later than September 1, 2027
Renewal date
2026-12-31
Renewal
Planned option agreement followed by a development agreement; terms, land price, City participation, and completion milestones remain subject to negotiation.
Document type
AgendaPacket
Source document
City of Menomonie AgendaPacket City Council Meeting 2026-09-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Menomonie?

Capital Investment Partners Llc was awarded this construction contract by City of Menomonie, as recorded on September 21, 2026. The contract value is Approximately $34 million private capital; requesting $2.25 million from the City's Affordable Housing Fund plus Tax Increment District #17 participation.

How much is the Capital Investment Partners Llc contract with City of Menomonie worth?

The Capital Investment Partners Llc contract with City of Menomonie is valued at Approximately $34 million private capital; requesting $2.25 million from the City's Affordable Housing Fund plus Tax Increment District #17 participation, covering construction work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Menomonie AgendaPacket City Council Meeting 2026-09-21 (AgendaPacket), dated September 21, 2026 from City of Menomonie. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Capital Investment Partners Llc hold?

Capital Investment Partners 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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