Civic IQ
CONTRACTRECOMMENDED
Get alerts

City backs ALWA Properties TIF redevelopment deal

City of O'Fallon city logoCity of O'Fallon city
Disclosed value
up to $2,700,231.00
From minutes
Document date
Nov 10, 2025
Renews
Free account

The 30-second brief

What it covers

The Community Development Committee recommended approval of a Redevelopment Agreement with ALWA Properties for renovation of 200 S. Lincoln Avenue into a medical office and restaurant space. The City will reimburse up to $2,700,231.00 in eligible costs through 2038 using 75% of incremental TIF property tax revenue. The performance-based agreement now advances to the November 17, 2025 City Council meeting for approval.

Who holds it

Alwa Properties holds this contract with City of O'Fallon city.

What happens next

The renewal date is on record. Get free alerts for pre-RFPs like this one, matched to what you sell.

Renewal date on recordLocked

Get pre-RFPs for work like this before the bid is out.

Get pre-RFP alerts free

Free account · 30-second setup · No credit card

Contract details

Amount
up to $2,700,231.00
Document date
November 10, 2025
Term
Through the life of the Central City TIF District, which expires in 2038
Renews
On record
Vendor
Alwa Properties
Agency
City of O'Fallon city
Source document
City of O'Fallon Community Development Committee Minutes 2025-11-10 (Minutes)

Alwa Properties's other public contracts

City of O'Fallon city, IllinoisALWA Properties awarded $2.7M redevelopment contract · Nov 17, 2025$2.7MCity of O'Fallon city, IllinoisCouncil OKs Redevelopment Deal with ALWA Properties · Nov 17, 2025UndisclosedCity of O'Fallon city, IllinoisO’Fallon Approves TIF Reimbursement Deal with ALWA · Jan 1, 2025All Alwa Properties contractsVendor profile

More City of O'Fallon city contracts

COMPASSCOMAutomated vehicle location services from CompassCom · Jul 20, 2026$7.5KService Express Inc (Sei)Server and network maintenance with Service Express · Jul 20, 2026$22KSurveymonkey IncSurveyMonkey Advantage subscription for Parks · Jul 20, 2026$468Tyler TechnologiesNew World ERP maintenance contract with Tyler Technologies · Jul 20, 2026$96.3KTyler New WorldCity Continues Tyler New World ERP During Transition · Jul 20, 2026UndisclosedAll City of O'Fallon city activityAgency profile

Questions about this contract

Who was awarded the government contract by City of O'Fallon city?

Alwa Properties was awarded this government contract by City of O'Fallon city, as recorded on November 10, 2025. The contract value is up to $2,700,231.00.

How much is the Alwa Properties contract with City of O'Fallon city worth?

The Alwa Properties contract with City of O'Fallon city is valued at up to $2,700,231.00.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of O'Fallon Community Development Committee Minutes 2025-11-10 (Minutes), dated November 10, 2025 from City of O'Fallon city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Alwa Properties hold?

Alwa Properties 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 O'Fallon city currently buying?

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

Work in government? Get Civic IQ free →
More City of O'Fallon city contracts →Browse all agencies in Illinois →