Overland Park approves $49.3 million in STAR bonds for Bluhawk’s first phase

Vertical construction can begin on the $1 billion, 300-acre Bluhawk development now that it has won a key financing approval. On Monday evening, the Overland Park City Council approved Overland Park-based Price Brothers Management Co.’s request for $49.3 million in sales tax revenue (STAR) bonds for vertical construction on the multisport complex’s $72.7 million first phase. The development is located at 159th Street and U.S. Highway 69. The City Council also approved the issuance of economic development revenue bonds (EDRBs) that will not exceed $113.6 million to build the entire complex in multiple phases.
Source: Kansas City Business Journal