Common Contracts
3 similar Development Agreement contracts
Subject: Development Agreement between City of Durham and Blackwell Street Management Company, LLC for the construction of a wrapper building adjacent to the Durham Performing Arts CenterDevelopment Agreement • September 19th, 2013
At the time of construction of the Durham Performing Arts Center, it was contemplated that future development would occur on the property surrounding the DPAC. Blackwell Street Management Company, LLC (“Blackwell”) proposes to construct a mixed-used development that will “wrap” around part of the DPAC and East Parking Deck, known as the “Wrapper Building”. The “Wrapper Building” will be comprised of approximately 90,000 square feet of commercial hotel space and approximately 7,500 square feet of retail and commercial space. As part of the proposed development, Blackwell proposes to construct additional restroom facilities for the DPAC and construct a DPAC President’s Club directly accessible from the 2nd floor of the DPAC, known as “DPAC amenities”. The City would purchase the restroom facilities (942 SF) as a condominium, in the wrapper building, in the amount of $641,338.00. The City would lease the President’s Club lounge (4,024 SF) for the initial base rent amount of $9,054.00 per
Subject: Development Agreement between City of Durham and Blackwell Street Management Company, LLC for the construction of a wrapper building adjacent to the Durham Performing Arts CenterDevelopment Agreement • September 12th, 2013
At the time of construction of the Durham Performing Arts Center, it was contemplated that future development would occur on the property surrounding the DPAC. Blackwell Street Management Company (“Blackwell”) proposes to construct a mixed-used development that will “wrap” around part of the DPAC and East Parking Deck, known as the “Wrapper Building”. The “Wrapper Building” will be comprised of approximately 90,000 square feet of commercial hotel space and approximately 7,500 square feet of retail and commercial space. As part of the proposed development, Blackwell proposes to construct additional restroom facilities for the DPAC and construct a DPAC President’s Club directly accessible from the 2nd floor of the DPAC, known as “DPAC amenities”. The City would purchase the restroom facilities (942 SF) as a condominium, in the wrapper building, in the amount of $641,338.00. The City would lease the President’s Club lounge (4,024 SF) for the initial base rent amount of $9,054.00 per month
Subject: Development Agreement between City of Durham and Blackwell Street Management Company, LLC for the construction of a wrapper building adjacent to the Durham Performing Arts CenterDevelopment Agreement • August 30th, 2013
At the time of construction of the Durham Performing Arts Center, it was contemplated that future development would occur on the property surrounding the DPAC. Blackwell Street Management Company (“Blackwell”) proposes to construct a mixed-used development that will “wrap” around part of the DPAC and East Parking Deck, known as the “Wrapper Building”. The “Wrapper Building” will be comprised of approximately 90,000 square feet of commercial hotel space and approximately 7,500 square feet of retail and commercial space. As part of the proposed development, Blackwell proposes to construct additional restroom facilities for the DPAC and construct a DPAC President’s Club directly accessible from the 2nd floor of the DPAC, known as “DPAC amenities”. The City would purchase the restroom facilities (942 SF) as a condominium, in the wrapper building, in the amount of $641,338.00. The City would lease the President’s Club lounge (4,024 SF) for the initial base rent amount of $9,054.00 per month
