Airport amends hotel ground lease with HV Greensboro Ventures

The Piedmont Triad Airport Authority amended its ground lease with HV Greensboro Ventures, LLC. for the Airport hotel, allowing the lease to extend to 50 years from closing on a sale or refinancing completed by December 31, 2026. If exercised with FAA approval, the tenant will pay a one-time $100,000 transaction fee and undertake a Property Improvement Plan.

Scope & details

The full contract record, as filed.

Contract amount

$100,000 one-time transaction fee if option exercised

Contract type

FACILITIES

Contract term

Lease term extended to 50 years from date of closing on a sale or refinancing, if closing/refinancing occurs before December 31, 2026

Renewal date

2076-12-31

Renewal

Lease extension option to 50 years from closing on a qualifying sale or refinancing, contingent on closing by 2026-12-31 and FAA approval; includes one-time $100,000 fee if exercised.

Document type

Minutes

Source document

Piedmont Triad Airport Authority Board Meeting Minutes March 2026

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Piedmont Triad Airport Authority Board Meeting Agenda April 2026

AMENDED

Piedmont Triad International Airport, North CarolinaOne-time transaction fee of $100,000 (if option exercised and FAA approves)Apr 28, 2026

Piedmont Triad Airport Authority Board Meeting Agenda March 2026

PENDING

Piedmont Triad International Airport, North CarolinaOne-time $100,000 transaction fee (if option exercised)Mar 24, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Piedmont Triad International Airport?

Hv Greensboro Ventures Llc was awarded this facilities contract by Piedmont Triad International Airport, as recorded on March 24, 2026. The contract value is $100,000 one-time transaction fee if option exercised.

How much is the Hv Greensboro Ventures Llc contract with Piedmont Triad International Airport worth?

The Hv Greensboro Ventures Llc contract with Piedmont Triad International Airport is valued at $100,000 one-time transaction fee if option exercised, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Piedmont Triad Airport Authority Board Meeting Minutes March 2026 (Minutes), dated March 24, 2026 from Piedmont Triad International Airport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hv Greensboro Ventures Llc hold?

Hv Greensboro Ventures Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Piedmont Triad International Airport currently buying?

Explore Piedmont Triad International Airport's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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