The Lenexa City Council unanimously approved a community improvement district (CID) for roughly 2.7 acres of City Center at the southwest corner of the future Scarborough Street and Renner Boulevard for a new, 20,000-square-foot mixed-used building, private streets, parking facilities and other related improvements.
The council approved the CID at its meeting last week and approved a development agreement with AC Lenexa City Center LLC after a required public hearing, at which no one spoke. AC Lenexa and CCL 2 LLC are the property’s owners, according to a memo to the council from Assistant City Attorney Sean McLaughlin. Copaken Brooks Commercial Real Estate is the project’s developer.
The CID will provide for a 1-percent sales tax within the district for 22 years, to start around July 2019. The tax is estimated to yield nearly $3.2 million to reimburse AC Lenexa City Center for eligible expenses for the building and related improvements.
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