Informational Report 25-514 1 appearance active

Purchases approved administratively from November 1, 2025 through November 30, 2025. Ward(s): All Wards Councilor(s): All Board Members Neighborhood(s): All Neighborhoods Result Area(s): Good Governance

Salem, VA January 26, 2026 - January 26, 2026

This agenda item approves administrative purchases totaling $2,047,514.15 for the Urban Renewal Agency (URA) during November 2025. These funds are allocated to four projects within designated Urban Renewal Areas, focusing on new construction and improvements for mixed-income housing and commercial spaces.

Key Projects Approved:

  • Deacon Development, LLC: $749,999.00 for new construction of 107 mixed-income rental housing units and parking at 277 High Street NE (Riverfront-Downtown URA).
  • Ochoa's Queseria LLC: $300,000.00 for building, utility, and equipment improvements at 3310 Portland Road NE (North Gateway URA).
  • OGSC2, LLC: $248,515.15 for new tenant space construction at 480 Center Street Suite 100 (Riverfront-Downtown URA).
  • Willow Mixed Use SPE, LLC: $749,000.00 for new mixed-use construction (housing and blight removal) at 590 Willow Street NE (Riverfront-Downtown URA).
Urban Renewal Agency
January 26, 2026