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Town of Concord Awards $749,700 Economic Development Grant Contract to HSREI (February 2025)

Town of Concord
Disclosed value
$749,700
From minutes
Approved
Feb 13, 2025
Term
3 years

The 30-second brief

What it covers

HSREI, LLC receives approval for a three-year economic development grant valued at $749,700 to establish a facility in Concord, NC, investing between $65-$70 million in real property. The city anticipates a net revenue of $132,300 after the incentive payments.

Who holds it

HSREI holds this economic development grant contract with Town of Concord. Its other public contracts on record include work for City of Concord city and Housing Authority of the city of Concord.

What happens next

Term as filed: 3 years.

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Contract details

Contract type
Economic Development Grant
Amount
$749,700
Document date
February 13, 2025
Term
3 years
Vendor
HSREI
Agency
Town of Concord
Source document
town-of-concord-city-council-meeting-minutes-february-13-2025_783.pdf (Minutes)

HSREI's other public contracts

City of Concord city, North CarolinaConcord considers $749K Grant for HSREI, LLC · Feb 13, 2025$749.7KHousing Authority of the city of Concord, North CarolinaCity of Concord considers HSREI Economic Development Grant · Feb 13, 2025$749.7KTown of Concord, OhioHSREI, LLC receives economic development grant · Feb 13, 2025$749.7KTown of Concord, ArkansasHSREI awarded $749,700 economic grant by Concord · Feb 13, 2025$749.7KTown of Concord, OhioHSREI, LLC: $750K Economic Development Grant considered · Feb 13, 2025$749.7KAll HSREI contractsVendor profile

More Town of Concord contracts

EDIFICEEdifice for $579,274 Communication & Emergency Operation · Jul 10, 2025$579.3KTalbert Bright & EllingtonTalbert, Bright & Ellington wins $399K road contract · Jul 10, 2025$399.4KSealand ContractorsSealand Contractors Corp with $2.6M rehabilitation Contract · Jul 10, 2025$2.7MUrban SolarUrban Solar awarded $136K Bus Stop Solar project · Jul 10, 2025$136.9KNicolock Paving StonesConcord Considers Grant to Nicolock Paving Stones, LLC · Jul 10, 2025$98.9KAll Town of Concord activityAgency profile

Questions about this contract

Who was awarded the economic development grant contract by Town of Concord?

HSREI was awarded this economic development grant contract by Town of Concord, as recorded on February 13, 2025. The contract value is $749,700.

How much is the HSREI contract with Town of Concord worth?

The HSREI contract with Town of Concord is valued at $749,700, covering economic development grant work.

What type of contract is this?

This is a Economic Development Grant contract, documented as a minutes record.

Where was this contract approved?

This contract appears in town-of-concord-city-council-meeting-minutes-february-13-2025_783.pdf (Minutes), dated February 13, 2025 from Town of Concord. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does HSREI hold?

HSREI 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 Town of Concord currently buying?

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

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