CONTRACTDISCUSSED

Northshore Bank ground lease role in redevelopment

City of Salem logoCity of Salem
Document date
Mar 10, 2021

The 30-second brief

What it covers

The Salem Redevelopment Authority reviewed the status of a 2001 ground lease held by Northshore Bank on a National Grid-owned parcel as part of a larger health center and mixed-use redevelopment proposal. The applicant plans to seek assignment of this lease while Northshore Bank continues ground-floor banking use in the renovated building.

Who holds it

Northshore Bank holds this financial services contract with City of Salem. Its other public contracts on record include work for Iola village and Waunakee village.

What happens next

Term as filed: Ground lease granted by National Grid in 2001.

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Contract details

Contract type
Financial Services
Document date
March 10, 2021
Term
Ground lease granted by National Grid in 2001
Source document
SRA Public Meeting Minutes March 10 2021 (Minutes)

Northshore Bank's other public contracts

More City of Salem contracts

Questions about this contract

Who was awarded the financial services contract by City of Salem?

Northshore Bank was awarded this financial services contract by City of Salem, as recorded on March 10, 2021.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in SRA Public Meeting Minutes March 10 2021 (Minutes), dated March 10, 2021 from City of Salem. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Northshore Bank hold?

Northshore Bank 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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