Canal Associates Joins 25-Year St. James Development Deal
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Description
Canal Associates LLC is a co-party to a 25-year development agreement with the Town of St. James, covering responsibilities for a large-scale, mixed-use project and related municipal obligations.
Contract Details
Vendor
CANAL ASSOCIATES LLC
Agency
Town of St. James, NC
Contract Type
OTHER
Document Date
January 30, 2026
Contract Term
25 years (2026–2051)
Renewal Date
2051-01-30
Renewal Info
Agreement runs for 25 years with amendment allowed by procedure. No automatic renewal; parties may negotiate amendments as needed.
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Town of St. James Development Agreement with Harbor Development Corp. et al. 2026
Town of St. James Development Agreement with Harbor Development Corp. et al. 2026
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