CONTRACTRECOMMENDED

Infrastructure Funding For CoStar Realty Facilities

City of Richmond logoCity of Richmond
Disclosed value
$15,000,000.00
From minutes
Document date
Nov 19, 2025

The 30-second brief

What it covers

Richmond’s Finance and Economic Development Committee advanced an ordinance creating the CoStar Special Fund with $15 million to support infrastructure at CoStar Realty Information, Inc.’s facilities on South 5th Street and Tredegar Street. The measure positions the city to invest in commercial real estate infrastructure tied to CoStar’s operations.

Who holds it

Costar Realty Information Inc holds this contract with City of Richmond. Its other public contracts on record include work for City of Los Alamitos and San Benito County.

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Contract details

Amount
$15,000,000.00
Document date
November 19, 2025
Source document
City of Richmond Minutes Finance and Economic Development Standing Committee 2025-11-19 (Minutes)

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Questions about this contract

Who was awarded the government contract by City of Richmond?

Costar Realty Information Inc was awarded this government contract by City of Richmond, as recorded on November 19, 2025. The contract value is $15,000,000.00.

How much is the Costar Realty Information Inc contract with City of Richmond worth?

The Costar Realty Information Inc contract with City of Richmond is valued at $15,000,000.00.

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 Richmond Minutes Finance and Economic Development Standing Committee 2025-11-19 (Minutes), dated November 19, 2025 from City of Richmond. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Costar Realty Information Inc hold?

Costar Realty Information Inc 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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