Brownfield Plan Proposes $1.05M Developer Reimbursement

The draft Brownfield Plan proposes reimbursing GB Real Estate Investments, LLC up to $1,047,200 for eligible Former Westwood Mall redevelopment costs through tax increment financing. The brownfield plan is expected to remain in place for up to 23 years, subject to earlier completion of reimbursements and revolving-fund capture.

Document date · September 23, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$1,047,200

Contract type

OTHER

Contract term

23 years, or until eligible activities are fully reimbursed and five full years of Local Brownfield Revolving Fund capture have occurred, whichever occurs sooner

Renewal

Proposed development and reimbursement agreement tied to a 23-year Brownfield Plan; the plan ends when eligible activities are fully reimbursed and five full years of Local Brownfield Revolving Fund capture have occurred, or after 23 years, whichever occurs sooner.

Document type

AgendaPacket

Source document

Marquette Charter Township AgendaPacket Planning Commission Meeting 2026-09-23

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Marquette?

Gb Real Estate Investments Llc was awarded this government contract by Town of Marquette, as recorded on September 23, 2026. The contract value is $1,047,200.

How much is the Gb Real Estate Investments Llc contract with Town of Marquette worth?

The Gb Real Estate Investments Llc contract with Town of Marquette is valued at $1,047,200.

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 Marquette Charter Township AgendaPacket Planning Commission Meeting 2026-09-23 (AgendaPacket), dated September 23, 2026 from Town of Marquette. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Gb Real Estate Investments Llc hold?

Gb Real Estate Investments 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 Gb Real Estate Investments Llc's profile

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