A $77 million industrial park in Olathe may be on its way to its first phase of development. Developer BlueScope Properties Group proposes building a $23.4 million, 236,160-square-foot speculative office/warehouse building on almost 19 acres at the Great Plains Commerce Center, northeast of 159th Street and Lone Elm Road, south of Interstate 35. The proposal goes before the Olathe Planning Commission on Monday. … This first project is anticipated to generate $170,318 in annual property tax revenues during the abatement period, up from $965 each year now coming from the vacant acreage.
Source: Kansas City Business Journal