Kansas City Council Considers $210 Million Tax Increment Financing Plan for Country Club Plaza Redevelopment
The Kansas City Council is nearing a decision on a $210 million tax increment financing (TIF) plan aimed at redeveloping the Country Club Plaza. The plan, proposed through the Economic Development Corporation of Kansas City, seeks to divert sales taxes to fund infrastructure improvements and new development within the Plaza district. Gillon Property Group, the Dallas-based firm that owns the Plaza, intends to add new office space, residential units, and hotel rooms. The developer also plans to address critical infrastructure issues, including aging stormwater and sewage lines, crumbling sidewalks, roads, parking garages, streetlights, and utilities, in addition to improving security and lighting. The TIF district would encompass the Plaza from Pennsylvania Avenue to Mill Creek Parkway and from West 47th Street to Ward Parkway. This project is classified as a Super TIF, enhancing local incentives for the development.
