Garmin Ltd. won two tranches of incentives from Olathe for its $240 million-plus headquarters expansion’s second phase, which will add 1,500 new jobs. On Tuesday evening, the City Council unanimously approved the tech manufacturer’s request for a 10-year, 75% property tax abatement, along with the issuance of $145.9 million in industrial revenue bonds for a component of its second-phase expansion. The company will remodel and repurpose a 580,580-square-foot facility at 1200 E. 151st St. for office and research uses in the northwest corner of 151st Street and Ridgeview Road.
Source: Kansas City Business Journal
