The Newton City Commission voted to sell 117 acres to one developer, 15 to an existing company, as well as an airplane hangar, for good measure. Oh, and the ABI building is back on the market. The flurry of activity began with the 5-0 approval of a sale of Kansas Logistics Park property to developer Louis Robelli. Robelli originally requested 180 acres from the city and offered to pay $7,250 per acre. The city office and he negotiated and landed on a sale of 117 acres for $8,000 per acre. According to the city memo tied to the deal, Robelli plans on building at least one 50,000-square-foot warehouse as well as a possible $3 million laydown area next to a rail line to be built. The property he bought at the KLP can be connected to an existing rail spur.
Source: Harvey County Now
