Village Considers Marquette Downtown Development Term Sheet

The Village Board will consider selecting Marquette Companies as the preferred developer for a Downtown Core District redevelopment project and approving a term sheet. The proposed project is estimated at more than $106 million and would include approximately 232 residential units and a corporate headquarters.

Document date · September 29, 2026

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Scope & details

The full contract record, as filed.

Contract type

OTHER

Renewal

The term sheet contemplates a future redevelopment agreement; no term, renewal, or extension provisions are stated.

Document type

Agenda

Source document

Village of Westmont Agenda 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 agenda record.

Where was this contract approved?

This contract appears in Village of Westmont Agenda Village Board Meeting 2026-10-01 (Agenda), 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?

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