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Polk City Considers Mixed-Use Development Agreement

City of Polk logoCity of Polk
Document date
Oct 15, 2026
Renews
Free account

The 30-second brief

What it covers

Polk City is considering a development agreement with HBU DEV PC1, LLC for a mixed-use project at 510 S. 3rd Street. The developer would construct two 16-unit residential buildings and a commercial pad, with Phase 2 completion targeted by June 30, 2032.

Who holds it

Hbu Dev Pc1 LLC holds this construction contract with City of Polk.

What happens next

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

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Contract details

Contract type
Construction
Document date
October 15, 2026
Term
Through completion of Phase 2 targeted for June 30, 2032; commercial construction targeted to commence by June 30, 2031 if a tenant is secured
Renews
Free account
Vendor
Hbu Dev Pc1 LLC
Agency
City of Polk
Source document
Polk City AgendaPacket Special Meeting 510 S. 3rd Street Development 2026-10-15 (AgendaPacket)

Hbu Dev Pc1 LLC's other public contracts

City of Polk, IowaPolk City Considers $150,000 Property Sale Agreement · Oct 15, 2026$150KCity of Polk, IowaPolk City Plans $1.8 Million Minimum Assessment Agreement · Oct 15, 2026City of Polk, IowaPolk City Recommends Property Sale to HBU DEV PC1 · Oct 15, 2026$150KAll Hbu Dev Pc1 LLC contractsVendor profile

More City of Polk contracts

Hbu Dev Pc1 LLCPolk City Considers $150,000 Property Sale Agreement · Oct 15, 2026$150KHbu Dev Pc1 LLCPolk City Plans $1.8 Million Minimum Assessment Agreement · Oct 15, 2026Hbu Dev Pc1 LLCPolk City Recommends Property Sale to HBU DEV PC1 · Oct 15, 2026$150KGreater Des Moines PartnershipPolk City Plans Economic Development Partnership · Oct 12, 2026UndisclosedGraphite ConstructionPolk City Plans Graphite Construction Park Payment · Oct 12, 2026$56.6KAll City of Polk activityAgency profile

Questions about this contract

Who was awarded the construction contract by City of Polk?

Hbu Dev Pc1 LLC was awarded this construction contract by City of Polk, as recorded on October 15, 2026.

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 Polk City AgendaPacket Special Meeting 510 S. 3rd Street Development 2026-10-15 (AgendaPacket), dated October 15, 2026 from City of Polk. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hbu Dev Pc1 LLC hold?

Hbu Dev Pc1 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 Polk currently buying?

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

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