$14M mixed-use project at Lenexa City Center scores TIF approval
(World News USA)

The Lofts at City Center already has broken ground at Lenexa City Center, and now it has received final approval for tax increment financing. The Lenexa City Council approved Real Property Group LLC`s redevelopment agreement and TIF project plan, which is expected to generate an estimated $3.8 million over the 20-year TIF term, the Shawnee Mission Post reports. About $5.1 million in expenses are eligible for TIF reimbursement, including about $2.1 million for the developer and $3 million for the... ......