Council Discusses Arena Ground Lease with CCAG
- Disclosed value
- $1.00 per year; proposed $5 million investment by CCAG in the arena project
- From agendapacket
- Document date
- Oct 19, 2026
The 30-second brief
The Cape Elizabeth Town Council discussed a draft ground lease with Cape Community Arena Group for a proposed four-season multipurpose arena at Gull Crest. The draft calls for $1 annual rent, an initial planning and construction period, and a 40-year base term, while CCAG would fund the proposed $5 million project.
Cape Community Arena Group holds this facilities contract with Town of Cape Elizabeth.
Term as filed: Initial term beginning on the Commencement Date and ending upon substantial completion of the project, followed by a 40-year base term.
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Contract details
- Contract type
- Facilities
- Amount
- $1.00 per year; proposed $5 million investment by CCAG in the arena project
- Document date
- October 19, 2026
- Term
- Initial term beginning on the Commencement Date and ending upon substantial completion of the project, followed by a 40-year base term
- Agency
- Town of Cape Elizabeth
- Source document
- Town of Cape Elizabeth AgendaPacket Town Council Workshop Meeting 2026-10-19 (AgendaPacket)
Cape Community Arena Group's other public contracts
More Town of Cape Elizabeth contracts
Questions about this contract
Who was awarded the facilities contract by Town of Cape Elizabeth?
Cape Community Arena Group was awarded this facilities contract by Town of Cape Elizabeth, as recorded on October 19, 2026. The contract value is $1.00 per year; proposed $5 million investment by CCAG in the arena project.
How much is the Cape Community Arena Group contract with Town of Cape Elizabeth worth?
The Cape Community Arena Group contract with Town of Cape Elizabeth is valued at $1.00 per year; proposed $5 million investment by CCAG in the arena project, 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 Town of Cape Elizabeth AgendaPacket Town Council Workshop Meeting 2026-10-19 (AgendaPacket), dated October 19, 2026 from Town of Cape Elizabeth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Cape Community Arena Group hold?
Cape Community Arena Group 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 Town of Cape Elizabeth currently buying?
Explore Town of Cape Elizabeth's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.