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Passed during a special session of the Missouri legislature in 2025, the law allows the state to help pay for new stadiums or renovations for professional teams like the Kansas City Chiefs and Royals.
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The public agency voted to issue nearly $1.5 billion in bonds and tax breaks to Gillon Property Group early this week. Jon Stephens, the president and CEO of Port KC, says the deal is critical to the revitalization of the historic Plaza neighborhood.
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Port KC’s Board of Commissioners approved an economic development package for Dallas-based Gillon Property Group’s plan to revitalize the historic Country Club Plaza. The leader of Kansas City Public Schools says the deal fails to meet their needs.
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Kansas City officials delay Royals stadium decision, while giving out little info about funding planA city council committee pushed back discussions on bonds and lease agreements for a downtown Royals stadium. Critics say that still isn’t enough time to learn about the financing deal, and have turned in thousands of signatures to force a public vote.
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A Miami-based developer submitted a proposal to replace a historic building in downtown Kansas City with a 20-story data center. Then they worked with a Georgia-based organization to attach a preservation easement on the building. Residents worry it’s a fishy way to win tax incentives.
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A new tax credit could help fill financial gaps for projects and ease housing shortages in the region. The office buildings must be in a downtown or central business district area, and 25 years or older, but converting them into apartments isn't cheap.
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The city will negotiate a deal with the team, which will give hundreds of millions in incentives so the Current can further develop the riverfront.
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Projects like the Royals’ proposed ballpark at Crown Center and the Current’s riverfront stadium expansion could receive additional city and state funding through the MODESA program.
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The Current are planning to expand the club’s stadium and entertainment district. The city could pitch in with a $235 million bond and a tax break for the area.
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Supporters say the $15 billion project in Montgomery County, Missouri, will bring jobs and tax revenue. Some residents say no one asked them
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Some Kansans are spooked by data centers as the likelihood of the state hosting more big tech facilities is rising. One positive to all the hullabaloo? Heightened civic engagement early in local proceedings.
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A plan to renovate the Country Club Plaza is being reviewed by the Kansas City Council. Some neighbors and historic preservation advocates have concerns.