Carefree Plans Craigs Crossing Development Agreement
Town of CarefreeCity · Carefree, AZ- Disclosed value
- Up to $11,600,000.00 in Construction Sales Tax Reimbursement, Fee Waiver, and Sales Tax Rebates
- From agreement
- Document date
- Oct 15, 2026
The 30-second brief
The Town of Carefree plans to enter into a development incentive agreement with SimonCRE Maroon IV, LLC for the Craigs Crossing retail project. The agreement provides up to $11.6 million in sales-tax reimbursements and fee waivers in exchange for development of the shopping center and related public improvements.
Simoncre Maroon Iv LLC holds this contract with Town of Carefree.
Term as filed: 12 years from the Effective Date; automatically terminates on the 13th anniversary of the Effective Date, subject to stated rebate-payment provisions.
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Contract details
- Amount
- Up to $11,600,000.00 in Construction Sales Tax Reimbursement, Fee Waiver, and Sales Tax Rebates
- Document date
- October 15, 2026
- Term
- 12 years from the Effective Date; automatically terminates on the 13th anniversary of the Effective Date, subject to stated rebate-payment provisions
- Vendor
- Simoncre Maroon Iv LLC
- Agency
- Town of Carefree
- Source document
- Town of Carefree Agreement Development Agreement (Craigs Crossing) 2026-10-15 (Agreement)
Simoncre Maroon Iv LLC's other public contracts
More Town of Carefree contracts
Questions about this contract
Who was awarded the government contract by Town of Carefree?
Simoncre Maroon Iv LLC was awarded this government contract by Town of Carefree, as recorded on October 15, 2026. The contract value is Up to $11,600,000.00 in Construction Sales Tax Reimbursement, Fee Waiver, and Sales Tax Rebates.
How much is the Simoncre Maroon Iv LLC contract with Town of Carefree worth?
The Simoncre Maroon Iv LLC contract with Town of Carefree is valued at Up to $11,600,000.00 in Construction Sales Tax Reimbursement, Fee Waiver, and Sales Tax Rebates.
What type of contract is this?
This is a government contract, documented as a agreement record.
Where was this contract approved?
This contract appears in Town of Carefree Agreement Development Agreement (Craigs Crossing) 2026-10-15 (Agreement), dated October 15, 2026 from Town of Carefree. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Simoncre Maroon Iv LLC hold?
Simoncre Maroon Iv 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 Town of Carefree currently buying?
Explore Town of Carefree's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
