CONTRACTRECOMMENDED

Student Housing Pre-Development Agreement Recommended

Santa Monica College logoSanta Monica College
Disclosed value
Maximum cost exposure of $11,400,000 if the project is terminated prior to development
From agendapacket
Document date
Nov 14, 2026

The 30-second brief

What it covers

Santa Monica Community College District recommended a pre-development agreement with Michaels Student Living for its student housing project. Michaels will fund pre-development work, while the District could face up to $11.4 million in capital-fund exposure if the project is terminated before development.

Who holds it

Michaels Student Living holds this contract with Santa Monica College. Its other public contracts on record include work for Township of Wall.

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Contract details

Amount
Maximum cost exposure of $11,400,000 if the project is terminated prior to development
Document date
November 14, 2026
Source document
Santa Monica Community College District AgendaPacket Board of Trustees Regular Meeting 2026-11-17 (AgendaPacket)

Michaels Student Living's other public contracts

More Santa Monica College contracts

Questions about this contract

Who was awarded the government contract by Santa Monica College?

Michaels Student Living was awarded this government contract by Santa Monica College, as recorded on November 14, 2026. The contract value is Maximum cost exposure of $11,400,000 if the project is terminated prior to development.

How much is the Michaels Student Living contract with Santa Monica College worth?

The Michaels Student Living contract with Santa Monica College is valued at Maximum cost exposure of $11,400,000 if the project is terminated prior to development.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Santa Monica Community College District AgendaPacket Board of Trustees Regular Meeting 2026-11-17 (AgendaPacket), dated November 14, 2026 from Santa Monica College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Michaels Student Living hold?

Michaels Student Living 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 Santa Monica College currently buying?

Explore Santa Monica College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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