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City funds London Brook Ponds development contribution

City of Rochester logoCity of Rochester
Disclosed value
$1,000,000
From staffreport
Approved
Jul 6, 2026

The 30-second brief

What it covers

The City of Rochester previously approved a $1,000,000 contribution to the London Brook Ponds residential development by Build Wealth MN Inc, with the developer responsible for all remaining project costs. The current staff report supports final plat approval and execution of a city-prepared development agreement.

Who holds it

Build Wealth Mn Inc holds this contract with City of Rochester.

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Contract details

Amount
$1,000,000
Document date
July 6, 2026
Vendor
Build Wealth Mn Inc
Agency
City of Rochester
Source document
City of Rochester StaffReport Final Plat No. CD2026-012PLAT London Brook Ponds 2026-07-06 (StaffReport)

Build Wealth Mn Inc's other public contracts

City of Rochester, MinnesotaCouncil approves final plat for London Brook Ponds · Jul 16, 2026UndisclosedCity of Rochester, MinnesotaCity Funds London Brook Ponds Development · Jul 6, 2026$1MCity of Rochester, MinnesotaLondon Brook Ponds Final Plat Gains Council Approval · Jul 6, 2026UndisclosedCity of Rochester, MinnesotaBuild Wealth gets $1M Rochester development assistance · Oct 20, 2025$1MCity of Rochester, MinnesotaBuild Wealth MN, Inc. Development Assistance Agreement approved · Oct 20, 2025UndisclosedAll Build Wealth Mn Inc contractsVendor profile

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Questions about this contract

Who was awarded the government contract by City of Rochester?

Build Wealth Mn Inc was awarded this government contract by City of Rochester, as recorded on July 6, 2026. The contract value is $1,000,000.

How much is the Build Wealth Mn Inc contract with City of Rochester worth?

The Build Wealth Mn Inc contract with City of Rochester is valued at $1,000,000.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Rochester StaffReport Final Plat No. CD2026-012PLAT London Brook Ponds 2026-07-06 (StaffReport), dated July 6, 2026 from City of Rochester. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Build Wealth Mn Inc hold?

Build Wealth Mn 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.

What is City of Rochester currently buying?

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

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