DIY Skate Park Lease Recommended for Colab Inc

Winston-Salem recommended a long-term lease with Colab, Inc. for a public DIY skate park on approximately 0.6 acres of City-owned property. The proposed 10-year lease costs $12 annually and may be extended for another 10 years.

Document date · October 5, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$12 annually ($1 per month)

Contract type

FACILITIES

Contract term

10 years, with a potential 10-year extension for a total of up to 20 years

Renewal

Potential 10-year extension after the initial 10-year lease; property may revert to the City if development is not completed within the required timeline.

Document type

Agenda

Source document

City of Winston-Salem Agenda October 5, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Winston-Salem?

Colab Inc was awarded this facilities contract by City of Winston-Salem, as recorded on October 5, 2026. The contract value is $12 annually ($1 per month).

How much is the Colab Inc contract with City of Winston-Salem worth?

The Colab Inc contract with City of Winston-Salem is valued at $12 annually ($1 per month), covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Winston-Salem Agenda October 5, 2026 (Agenda), dated October 5, 2026 from City of Winston-Salem. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Colab Inc hold?

Colab 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.

View Colab Inc's profile

What is City of Winston-Salem currently buying?

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

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