CONTRACTAPPROVED

CRIZ Authority Approves Penn Square Partners Funding

Lancaster Industrial Development Authority logoLancaster Industrial Development Authority
Disclosed value
$982,856.82
From minutes
Approved
Dec 16, 2025
Renews
Free account

The 30-second brief

What it covers

The Authority approved a $982,856.82 CRIZ allocation associated with Penn Square Partners' Lancaster Marriott Hotel at Penn Square East Tower Project. The allocation supports repayment of the project's $9 million public note.

Who holds it

Penn Square Partners holds this contract with Lancaster Industrial Development Authority. Its other public contracts on record include work for Lancaster SD.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Lancaster Industrial Development Authority contract.

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Contract details

Amount
$982,856.82
Document date
December 16, 2025
Renews
Free account
Source document
City of Lancaster Revitalization and Improvement Zone Authority Minutes Board of Directors Meeting 2025-12-16 (Minutes)

Penn Square Partners's other public contracts

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Questions about this contract

Who was awarded the government contract by Lancaster Industrial Development Authority?

Penn Square Partners was awarded this government contract by Lancaster Industrial Development Authority, as recorded on December 16, 2025. The contract value is $982,856.82.

How much is the Penn Square Partners contract with Lancaster Industrial Development Authority worth?

The Penn Square Partners contract with Lancaster Industrial Development Authority is valued at $982,856.82.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Lancaster Revitalization and Improvement Zone Authority Minutes Board of Directors Meeting 2025-12-16 (Minutes), dated December 16, 2025 from Lancaster Industrial Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Penn Square Partners hold?

Penn Square Partners 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 Lancaster Industrial Development Authority currently buying?

Explore Lancaster Industrial Development Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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