Woodstock Considers Hotel Development Deal With Southern Ventures
- Disclosed value
- $2,000,000 cash incentive payment from the City, payable within 30 days after Substantial Completion
- From agendapacket
- Document date
- Nov 14, 2026
The 30-second brief
Woodstock City Council is considering a real estate development agreement with Southern Ventures Corporation for a 138-key Hilton Tapestry hotel at City Center Parcel 4. The agreement includes a $2 million City cash incentive after substantial completion, along with parking dedication and fee waivers.
Southern Ventures Corporation holds this construction contract with City of Woodstock.
Term as filed: Effective November 16, 2026, until Substantial Completion, termination, or the applicable outside date.
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Contract details
- Contract type
- Construction
- Amount
- $2,000,000 cash incentive payment from the City, payable within 30 days after Substantial Completion
- Document date
- November 14, 2026
- Term
- Effective November 16, 2026, until Substantial Completion, termination, or the applicable outside date
- Agency
- City of Woodstock
- Source document
- City of Woodstock AgendaPacket 2026-11-16 (AgendaPacket)
Southern Ventures Corporation's other public contracts
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Questions about this contract
Who was awarded the construction contract by City of Woodstock?
Southern Ventures Corporation was awarded this construction contract by City of Woodstock, as recorded on November 14, 2026. The contract value is $2,000,000 cash incentive payment from the City, payable within 30 days after Substantial Completion.
How much is the Southern Ventures Corporation contract with City of Woodstock worth?
The Southern Ventures Corporation contract with City of Woodstock is valued at $2,000,000 cash incentive payment from the City, payable within 30 days after Substantial Completion, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Woodstock AgendaPacket 2026-11-16 (AgendaPacket), dated November 14, 2026 from City of Woodstock. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Southern Ventures Corporation hold?
Southern Ventures Corporation 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 Woodstock currently buying?
Explore City of Woodstock's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.