MarketPointe Granted Exclusive Predevelopment Rights for Hotel Project
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Description
The St. Charles City Council approved a predevelopment agreement and early access agreement with MarketPointe, giving the developer six months' exclusive rights for diligence for a prospective GrandStay Hotel project.
Contract Details
Vendor
MARKETPOINTE
Agency
City of St. Charles, MN
Contract Type
OTHER
Document Date
March 8, 2026
Contract Term
Six months (exclusive predevelopment period)
Renewal Date
2026-08-10
Renewal Info
Six month exclusive period; upon completion, to be replaced or extended by a development/purchase agreement if the project moves forward.
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More from City of St. Charles
City of St. Charles Council Meeting Agenda March 2026
City of St. Charles Council Meeting Agenda March 10, 2026
City of St. Charles Council Meeting Agenda March 10, 2026
City of St. Charles Council Meeting Agenda March 10, 2026
City of St. Charles Council Meeting Agenda March 10, 2026
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