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Hillpointe Apartments Receives Approval for PILOT Request.

City of Oak Ridge
Disclosed value
$52,717,802 + $14,250
From agenda
Document date
Oct 6, 2025
Term
10 years

The 30-second brief

What it covers

Approval for Hillpointe Apartments Project's PILOT request, located on Mitchell Road, with a Real Property Value of $52,717,802 and an Equipment Value of $14,250 for a 10 year period of 33% tax abatement.

Who holds it

Hp 256005 Oak Ridge holds this pilot contract with City of Oak Ridge. Its other public contracts on record include work for Oak Ridge Housing Authority and Oak Ridge City School District.

What happens next

Term as filed: 10 years.

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Contract details

Contract type
Pilot
Amount
$52,717,802 + $14,250
Document date
October 6, 2025
Term
10 years
Vendor
Hp 256005 Oak Ridge
Agency
City of Oak Ridge
Source document
city-of-oak-ridge-industrial-development-board-meeting-agenda-october-6-2025_5c9.pdf (Agenda)

Hp 256005 Oak Ridge's other public contracts

Oak Ridge Housing Authority, TennesseeLease agreement approved for HP-256005 Oak Ridge, LLC housing project · Dec 1, 2025UndisclosedOak Ridge Housing Authority, TennesseeAffordable Housing Project in Oak Ridge Receives IDB Approval · Nov 3, 2025$66MOak Ridge City School District, TennesseeHP-256005 Oak Ridge, LLC 10-year PILOT lease approved · Nov 3, 2025UndisclosedCity of Oak Ridge, TennesseeHP-256005 Oak Ridge, LLC receives 10-year tax abatement · Nov 3, 2025UndisclosedOak Ridge City School District, TennesseeHP-256005 Oak Ridge Gets $50K Tax Break · Oct 6, 2025$50KAll Hp 256005 Oak Ridge contractsVendor profile

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Questions about this contract

Who was awarded the pilot contract by City of Oak Ridge?

Hp 256005 Oak Ridge was awarded this pilot contract by City of Oak Ridge, as recorded on October 6, 2025. The contract value is $52,717,802 + $14,250.

How much is the Hp 256005 Oak Ridge contract with City of Oak Ridge worth?

The Hp 256005 Oak Ridge contract with City of Oak Ridge is valued at $52,717,802 + $14,250, covering pilot work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-oak-ridge-industrial-development-board-meeting-agenda-october-6-2025_5c9.pdf (Agenda), dated October 6, 2025 from City of Oak Ridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hp 256005 Oak Ridge hold?

Hp 256005 Oak Ridge 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 Oak Ridge currently buying?

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

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