Building

Kannapolis Crossing Development Tender

🏛️ COMMERCIAL PROPERTIES REALTY TRUST
📄 Tender ID: 462586055 📅 Published: 26 May 2021

📋 Tender Overview

SCOPEKannapolis Crossing is a mixed-used development that will be located at the new Exit 65 off I-85 Old Beatty Ford Road. The project is in the City of Kannapolis and Rowan CountyCarolyn Martin with Commercial Properties Realty Trust will develop 318 acres at the new interchange. Martin plans to construct 500 residences including apartments homes and townhomes on the site. The site will also include two hotels a brewery restaurants a greenway and commercialindustrial businesses. The firm estimates the build out of the project will be completed by 2028 and have an investment value of 368 million. This would result in the city netting 42.1 million in property tax revenue over 22 years and Rowan County netting 43.9 million over the same period.

🔍 Key Information

📄
Tender Reference No.
462586055
📅
Publication Date
26 May 2021
💰
Estimated Value
USD 368000000
🌐
Sector
Building
📅
Deadline
31 Dec 2028
📝
Notice Type
Projects
📍
Location
United states
📑
Contract Duration
7 Years 7 Months 5 Days

📁 Documents & Downloads

No documents found

🏷️ CPV

No CPV found

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🕒 Submission deadline
778
days remaining · 31 Dec 2028
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🧭 Quick Facts

Authority COMMERCIAL PROPERTIES REALTY TRUST
Country United states
State / UT N/A
Tender Type Project Information
Currency USD
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