FINANCIAL_SERVICESAPPROVED

Irving village Awards Financial Services Contract to 222 Wlc Owner Lp (February 2026)

A $20 million economic incentive agreement with 222 WLC Owner, LP was approved for the redevelopment of Urban Towers, contingent on $30 million capital improvements and 30 years of ongoing obligations within TIF No.1.

Status
APPROVED
Document date
February 26, 2026
Contract type
FINANCIAL_SERVICES
Vendor
222 Wlc Owner Lp
Agency
Irving village · IL

Trusted by teams at

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

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $20,000,000
Contract type
FINANCIAL_SERVICES
Contract term
30 years, ending June 30, 2057
Renewal date
2057-06-30
Renewal
30-year agreement, early termination if milestones unmet; 7 milestone-based disbursements over initial years.
Document type
Agenda
Source document
City of Irving Council Meeting Agenda February 2026

Related contracts

Other contracts from 222 Wlc Owner Lp.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Irving village?

222 Wlc Owner Lp was awarded this financial services contract by Irving village, as recorded on February 26, 2026. The contract value is Not to exceed $20,000,000.

How much is the 222 Wlc Owner Lp contract with Irving village worth?

The 222 Wlc Owner Lp contract with Irving village is valued at Not to exceed $20,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Irving Council Meeting Agenda February 2026 (Agenda), dated February 26, 2026 from Irving village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 222 Wlc Owner Lp hold?

222 Wlc Owner Lp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View 222 Wlc Owner Lp's profile

What is Irving village currently buying?

Explore Irving village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Irving village's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free