In a rare discussion of a city redevelopment deal, Johnson County commissioners declined last Thursday to challenge tax increment financing for the Rosebud Plaza Shopping Center in Olathe. The Olathe City Council recently gave the go-ahead to start negotiating an incentive package for the $26 million development at the northeast corner of Santa Fe Street and Mur-Len Road. The developer has proposed a maximum $7 million reimbursement from a TIF in the area, possibly with a Community Improvement District — another type of incentive — to be added later. The shopping center was formerly anchored by a Hobby Lobby, which moved out in 2018. Since then, the complex has become run down.
Source: Johnson County Post
