City of Troy Awards Facilities Contract to Gulfstream Developers Llc (July 2026)

Scope & details

The full contract record, as filed.

Contract amount

Approximately $17,000,000 capital investment; sales and use tax exemption benefits not to exceed $600,000

Contract type

FACILITIES

Contract term

Sales and use tax appointment/benefits authorization through December 31, 2024, unless extended

Renewal date

2024-12-31

Renewal

Sales and use tax exemption appointment as agent for purchases is authorized through December 31, 2024 and may be extended by the Executive Director upon written application by the Company; PILOT term and any renewal options will be defined in the negotiated PILOT Agreement.

Document type

AgendaPacket

Source document

Troy Industrial Development Authority AgendaPacket Gulfstream Developers, LLC Project 2026-07-17

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Troy Industrial Development Authority AgendaPacket Regular Board Meeting 2026-08-28

APPROVED

City of Troy, New YorkAug 28, 2026

Troy Industrial Development Authority AgendaPacket Regular Board Meeting 2026-08-28

APPROVED

City of Troy, New YorkUp to $7,500,000.00 in purchases and services eligible for tax exemption; exemption benefits not to exceed $600,000.00Aug 28, 2026

Troy Industrial Development Authority AgendaPacket Regular Board Meeting 2026-08-28

APPROVED

City of Troy, New YorkApproximately $17M capital investment; sales and use tax exemption benefits not to exceed $600,000.00; purchases and rentals up to $7,500,000.00Aug 28, 2026

Troy Industrial Development Authority Minutes Regular Board Meeting 2026-06-26

PENDING

City of Troy, New YorkJun 26, 2026

troy-city-council-agenda-2024-08-08-pdf_37a.pdf

APPROVED

City of Troy, New York$275,000.00Aug 8, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Troy?

Gulfstream Developers Llc was awarded this facilities contract by City of Troy, as recorded on July 17, 2026. The contract value is Approximately $17,000,000 capital investment; sales and use tax exemption benefits not to exceed $600,000.

How much is the Gulfstream Developers Llc contract with City of Troy worth?

The Gulfstream Developers Llc contract with City of Troy is valued at Approximately $17,000,000 capital investment; sales and use tax exemption benefits not to exceed $600,000, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Troy Industrial Development Authority AgendaPacket Gulfstream Developers, LLC Project 2026-07-17 (AgendaPacket), dated July 17, 2026 from City of Troy. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Gulfstream Developers Llc hold?

Gulfstream Developers 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.

View Gulfstream Developers Llc's profile

What is City of Troy currently buying?

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

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