FACILITIESAPPROVED

Town of Zionsville Awards Facilities Contract to Thompson Thrift Development Inc (August 2026)

The Zionsville Redevelopment Commission and Town of Zionsville are executing a Project Agreement with Thompson Thrift Development, Inc. to build a 179-unit mixed-use residential project in the Grove Pass Allocation Area. The agreement contemplates approximately $6 million in bond-financed costs, supported by new tax increment revenues under Resolution 2026-04.

Status
APPROVED
Document date
August 25, 2026
Contract type
FACILITIES
Vendor
Thompson Thrift Development Inc
Agency
Town of Zionsville · IN

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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
approximately $6,000,000
Contract type
FACILITIES
Contract term
Tax increment allocation area expires 25 years after first TIF obligation
Renewal
The Grove Pass Allocation Area’s TIF allocation provisions will remain in effect until 25 years after the first TIF obligation for the project; future amendments to the plan may adjust scope or financing but require statutory procedures.
Document type
AgendaPacket
Source document
Zionsville Redevelopment Commission Agenda Packet 2026-08-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Town of Zionsville?

Thompson Thrift Development Inc was awarded this facilities contract by Town of Zionsville, as recorded on August 25, 2026. The contract value is approximately $6,000,000.

How much is the Thompson Thrift Development Inc contract with Town of Zionsville worth?

The Thompson Thrift Development Inc contract with Town of Zionsville is valued at approximately $6,000,000, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Zionsville Redevelopment Commission Agenda Packet 2026-08-25 (AgendaPacket), dated August 25, 2026 from Town of Zionsville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Thompson Thrift Development Inc hold?

Thompson Thrift Development Inc 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 Thompson Thrift Development Inc's profile

What is Town of Zionsville currently buying?

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

View Town of Zionsville's profile

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