The Leawood city council this week approved final development plans for a major revamp of the northern portion of Ranch Mart Shopping Center at 95th Street and Mission, paving the way for substantial construction work to being in the coming weeks.
The council approved a 1% community improvement district sales tax application in April 2019. Funds from that CID, which will increase the sales tax from 9.1% to 10.1% for purchases at stores in the center north of 95th Street starting July 1, will provide an estimated $13.45 million toward the total project cost of $47 million.
Trip Ross of Cadence Commercial Real Estate, which represents the property’s owner, Bob Regnier, who is also President and CEO of the Bank of Blue Valley, said patrons can expect to start seeing work on the exterior part of the project getting under way soon.
Source: Prairie Village Post – Neighborhood news and events for Prairie Village, Fairway, Mission HillsRead the full story ↗
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