The Unified Government Commission on Thursday night unanimously approved an amended Village East project. The project area includes the former Schlitterbahn water park at 94th and State, and also includes an area east of 94th between State Avenue and Parallel Parkway. According to UG Administrator Doug Bach, the current deal include the sale of UG land to the developer. STAR bond financing was previously approved at $130 million, and as part of the project, there will be the sharing of Menard’s revenue. The developer has committed to make capital investments of $3.75 million in other parts of the community, he said. They have already spent $20 million in land acquisition and demolition at the site, he added.
Source: Wyandotte Daily
