OTHERRECOMMENDED

Westmont Recommends Marquette Downtown Developer Selection

Westmont staff recommends selecting Marquette Companies as the preferred developer for a Downtown Core District redevelopment project and approving a term sheet. The proposed mixed-use project is estimated to represent more than $106 million in investment, with an initial 12-month term and two six-month extension options.

Document date · September 29, 2026

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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 type
OTHER
Contract term
Initial term of 12 months, with two optional six-month extensions
Renewal
The term sheet runs for 12 months from its effective date and allows Marquette Companies two six-month extensions upon written notice, subject to completing specified predevelopment tasks. It terminates earlier if the parties execute a redevelopment agreement, and Marquette may terminate at any time.
Document type
AgendaPacket
Source document
Village of Westmont AgendaPacket Village Board Meeting 2026-10-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Westmont village?

Marquette Companies was awarded this government contract by Westmont village, as recorded on September 29, 2026.

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 Village of Westmont AgendaPacket Village Board Meeting 2026-10-01 (AgendaPacket), dated September 29, 2026 from Westmont village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Marquette Companies hold?

Marquette Companies 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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