HA OF KING county Awards Facilities Contract to Park Villa LLC (October 2026)
- 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
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.
Park Villa LLC holds this facilities contract with HA OF KING county.
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
- Vendor
- Park Villa LLC
- Agency
- HA OF KING county
- 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.