Civic IQ
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City of St. Charles Council Meeting Agenda March 10, 2026

MarketPointe Granted Exclusive Predevelopment Rights for Hotel Project

City of St. CharlesMARKETPOINTEMarch 8, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

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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