Stanley Square, an aging shopping center in southern Overland Park, may use a tax incentive to help finance $7 million in planned improvements. Len Corsi, who leases out the shopping center via Johnson County Management, has applied for the formation of a 1% Community Improvement District, or CID. On Monday, the Overland Park City Council voted 11-0 to proceed with the incentive district petition to help pay for the renovation project at Stanley Square, located on the northwest corner of 151st Street and U.S. Highway 69. The vote doesn’t necessarily mean the special taxing district will be formed, but it does set up the process. Councilmember Jim Kite was absent from the city council meeting this week.
Source: Johnson County Post
