CONTRACTAPPROVED

HA OF KING county Awards Facilities Contract to Park Villa LLC (October 2026)

HA OF  KING county logoHA OF KING county
Disclosed value
$8,600,000.00 purchase price; net acquisition cost of $6,076,226 after deduction of the approximately $2,523,774 outstanding KCHA loan balance
From agendapacket
Approved
Oct 19, 2026
Renews
Free account

The 30-second brief

What it covers

KCHA approved authorization to acquire the Eastwood Square Apartments leasehold interest from Park Villa, LLC for $8.6 million, subject to a credit for the outstanding KCHA loan. The acquisition is effective January 1, 2027, and will bring the 48-unit Bellevue property under direct KCHA control.

Who holds it

Park Villa LLC holds this facilities contract with HA OF KING county.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every HA OF KING county contract.

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Contract details

Contract type
Facilities
Amount
$8,600,000.00 purchase price; net acquisition cost of $6,076,226 after deduction of the approximately $2,523,774 outstanding KCHA loan balance
Document date
October 19, 2026
Term
Acquisition effective January 1, 2027; existing lease began in 2001 and expires December 31, 2056, subject to early termination
Renews
Free account
Source document
King County Housing Authority AgendaPacket Board of Commissioners Hybrid Meeting 2026-10-19 (AgendaPacket)

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Questions about this contract

Who was awarded the facilities contract by HA OF KING county?

Park Villa LLC was awarded this facilities contract by HA OF KING county, as recorded on October 19, 2026. The contract value is $8,600,000.00 purchase price; net acquisition cost of $6,076,226 after deduction of the approximately $2,523,774 outstanding KCHA loan balance.

How much is the Park Villa LLC contract with HA OF KING county worth?

The Park Villa LLC contract with HA OF KING county is valued at $8,600,000.00 purchase price; net acquisition cost of $6,076,226 after deduction of the approximately $2,523,774 outstanding KCHA loan balance, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in King County Housing Authority AgendaPacket Board of Commissioners Hybrid Meeting 2026-10-19 (AgendaPacket), dated October 19, 2026 from HA OF KING county. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Park Villa LLC hold?

Park Villa 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.

What is HA OF KING county currently buying?

Explore HA OF KING county's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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