CONSTRUCTIONPENDING

Town to Purchase Parking Garage Unit from LMG

LMG will build a new parking garage as part of the Garner Downtown Development Project and sell the garage condominium unit to the Town for $5.5 million. The Town will acquire fee simple title to the unit after substantial completion under a detailed purchase and sale agreement.

Status
PENDING
Document date
August 25, 2026
Contract type
CONSTRUCTION
Vendor
LMG
Agency
Town of Garner · NC

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$5,500,000
Contract type
CONSTRUCTION
Contract term
Closing on parking garage unit at earlier of 26 months after effective date or Substantial Completion
Renewal
Single acquisition of a condominium parking garage unit; no renewal, though agreements include cure and default provisions and detailed conditions precedent.
Document type
AgendaPacket
Source document
Town of Garner AgendaPacket Town Council Work Session 2026-08-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Town of Garner?

LMG was awarded this construction contract by Town of Garner, as recorded on August 25, 2026. The contract value is $5,500,000.

How much is the LMG contract with Town of Garner worth?

The LMG contract with Town of Garner is valued at $5,500,000, covering construction work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Garner AgendaPacket Town Council Work Session 2026-08-25 (AgendaPacket), dated August 25, 2026 from Town of Garner. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does LMG hold?

LMG 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 Town of Garner currently buying?

Explore Town of Garner's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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