CONTRACTPENDING

Foundry Apartments Contract Amended for Completion Date

City of Norfolk logoCity of Norfolk
Disclosed value
$26,180,000
From agenda
Document date
Jul 15, 2024

The 30-second brief

What it covers

Foundry Apartments, LLC redevelopment contract amended. The contract has an intended completion date of December 31, 2025, and involves the division of taxes with an effective date of January 1, 2025, with the option to defer to January 1, 2026.

Who holds it

Foundry Apartments holds this redevelopment contract contract with City of Norfolk.

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Contract details

Contract type
Redevelopment Contract
Amount
$26,180,000
Document date
July 15, 2024
Term
NA
Source document
community_development_agency_regular_meeting_agend.pdf (Agenda)

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Questions about this contract

Who was awarded the redevelopment contract contract by City of Norfolk?

Foundry Apartments was awarded this redevelopment contract contract by City of Norfolk, as recorded on July 15, 2024. The contract value is $26,180,000.

How much is the Foundry Apartments contract with City of Norfolk worth?

The Foundry Apartments contract with City of Norfolk is valued at $26,180,000, covering redevelopment contract work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in community_development_agency_regular_meeting_agend.pdf (Agenda), dated July 15, 2024 from City of Norfolk. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Foundry Apartments hold?

Foundry Apartments 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 Norfolk currently buying?

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

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