Garner Considers Downtown Development Agreement With LMG-Garner
Town of GarnerCity · Garner, NC- Disclosed value
- $5,500,000 total cost stated on agenda; project projected at more than $32,000,000; Town property purchase price of $400,000 or appraised value, whichever is higher; $5,500,000 parking structure unit purchase price
- From agendapacket
- Document date
- Nov 3, 2026
- Renews
- Free account
The 30-second brief
The Town of Garner is considering a Master Development Agreement with LMG-Garner LLC for a downtown mixed-use project at 215 W. Main Street. The approximately 31-month project would include 102 apartments, retail space, and a 134-space parking structure, with the Town purchasing the parking structure unit for $5.5 million.
Lmg-garner LLC holds this contract with Town of Garner.
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Contract details
- Amount
- $5,500,000 total cost stated on agenda; project projected at more than $32,000,000; Town property purchase price of $400,000 or appraised value, whichever is higher; $5,500,000 parking structure unit purchase price
- Document date
- November 3, 2026
- Term
- Approximately 31 months after the assumed November 2026 effective date; approximately 10 months predevelopment and 20 months construction
- Renews
- On record
- Vendor
- Lmg-garner LLC
- Agency
- Town of Garner
- Source document
- Town of Garner AgendaPacket 2026-11-03 (AgendaPacket)
Lmg-garner LLC's other public contracts
More Town of Garner contracts
Questions about this contract
Who was awarded the government contract by Town of Garner?
Lmg-garner LLC was awarded this government contract by Town of Garner, as recorded on November 3, 2026. The contract value is $5,500,000 total cost stated on agenda; project projected at more than $32,000,000; Town property purchase price of $400,000 or appraised value, whichever is higher; $5,500,000 parking structure unit purchase price.
How much is the Lmg-garner LLC contract with Town of Garner worth?
The Lmg-garner LLC contract with Town of Garner is valued at $5,500,000 total cost stated on agenda; project projected at more than $32,000,000; Town property purchase price of $400,000 or appraised value, whichever is higher; $5,500,000 parking structure unit purchase price.
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 Town of Garner AgendaPacket 2026-11-03 (AgendaPacket), dated November 3, 2026 from Town of Garner. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Lmg-garner LLC hold?
Lmg-garner 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 Garner currently buying?
Explore Town of Garner's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.