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Portage Rebuilds Stanwood Crossings with $18.67M Investment

City of Portage logoCity of Portage
Disclosed value
$18,670,000
From agenda
Document date
Apr 29, 2025
Term
30 years

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THE 30-SECOND BRIEF

What it covers

The City of Portage aims to redevelop the Stanwood Crossings area with a total capital investment of $18.67 million, intending to construct 42 new workforce housing units, supported by grants and tax increment revenues over 30 years.

Who holds it

PORTAGE holds this redevelopment contract with City of Portage. Its other public contracts on record include work for Town of Nunda and Madison Area Technical College.

What happens next

Term as filed: 30 years.

Contract details

Contract type
Redevelopment
Amount
$18,670,000
Document date
April 29, 2025
Term
30 years
Vendor
PORTAGE
Agency
City of Portage
Source document
city-of-portage-city-council-agenda-item-c-1-april-29-2025_39f.pdf (Agenda)

PORTAGE's other public contracts

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Questions about this contract

Who was awarded the redevelopment contract by City of Portage?

PORTAGE was awarded this redevelopment contract by City of Portage, as recorded on April 29, 2025. The contract value is $18,670,000.

How much is the PORTAGE contract with City of Portage worth?

The PORTAGE contract with City of Portage is valued at $18,670,000, covering redevelopment work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-portage-city-council-agenda-item-c-1-april-29-2025_39f.pdf (Agenda), dated April 29, 2025 from City of Portage. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does PORTAGE hold?

PORTAGE 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 Portage currently buying?

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

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