Monday, December 05, 2016

Commercial Development WITHOUT Government Incentives

Wow, did ya hear it on the TV this morning?  The modified plans for the redevelopment of the Metcalf South Shopping Center are going to the Overland Park City Council for approval. 

Here's the kicker.  The cost of this redevelopment is going to be approximately $80 million dollars and the developer is doing it all with private funds.  No incentives from the City of Overland Park.

We have a council member who would probably say that because OP is not offering any incentives they are not business friendly.  LOL

Let's keep this in mind when developers come to Shawnee wanting government (read that as citizen paid for) incentives. 

Interesting, eh?