Hobart Reviews BI Developer Industrial Park Agreement

Hobart scheduled a public hearing and confirmatory action involving BI Developer-Hobart LLC’s NorthWind North Business Park development agreement. The proposed project represents $57.8 million in investment and would receive a 10-year real-property tax abatement tied to construction of four industrial buildings.

Document date · October 5, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$57,800,000

Contract type

CONSTRUCTION

Contract term

10-year real property tax abatement; Phase 1 estimated October 2026 through July 2027

Renewal date

2036-10-07

Renewal

Proposed 10-year real-property tax-abatement schedule; benefits are conditioned on execution and compliance with the development agreement.

Document type

AgendaPacket

Source document

City of Hobart Agenda Packet 2026-10-07

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Town of Hobart?

Bi Developer-hobart Llc was awarded this construction contract by Town of Hobart, as recorded on October 5, 2026. The contract value is $57,800,000.

How much is the Bi Developer-hobart Llc contract with Town of Hobart worth?

The Bi Developer-hobart Llc contract with Town of Hobart is valued at $57,800,000, 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 City of Hobart Agenda Packet 2026-10-07 (AgendaPacket), dated October 5, 2026 from Town of Hobart. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bi Developer-hobart Llc hold?

Bi Developer-hobart 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.

View Bi Developer-hobart Llc's profile

What is Town of Hobart currently buying?

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

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