OTHERPENDING

Vision, Inc. to Develop Jefferson School Site

Vision, Inc. is listed as the developer for Hibbing’s Jefferson School redevelopment. The project calls for a $13 million building construction budget and a planned March 2027 ownership transfer for $1.

Document date · September 14, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$13,000,000
Contract type
OTHER
Contract term
Construction phase; closing anticipated after grant and financing approvals
Renewal date
2027-03-01
Renewal
Developer funding is pending approval of the DEED grant, demolition of the existing building, and IRRR grant approval. Equity is described as softly committed, and the development agreement is still being drafted.
Document type
Resolution
Source document
Hibbing Economic Development Authority Resolution 2026-09-05 & 2026-09-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by THE HRA OF HIBBING, MINNESOTA?

Vision Inc was awarded this government contract by THE HRA OF HIBBING, MINNESOTA, as recorded on September 14, 2026. The contract value is $13,000,000.

How much is the Vision Inc contract with THE HRA OF HIBBING, MINNESOTA worth?

The Vision Inc contract with THE HRA OF HIBBING, MINNESOTA is valued at $13,000,000.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Hibbing Economic Development Authority Resolution 2026-09-05 & 2026-09-06 (Resolution), dated September 14, 2026 from THE HRA OF HIBBING, MINNESOTA. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Vision Inc hold?

Vision Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is THE HRA OF HIBBING, MINNESOTA currently buying?

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