The city of Lenexa has decided to terminate a TIF development agreement with Renner Housing LLC in City Center over the company’s failure to acquire necessary financing or the property to build Renner 87 Flats at City Center.

The mixed-use project, officially titled “Project Plan 4C,” would have been located in the City Center Redevelopment TIF District. It included 250 multi-family units and about 10,000 square feet of retail on 7 acres in the northeast corner of Renner Boulevard and West 87th Street Parkway.

The city council had approved the disposition and development agreement in December 2018. The city amended the agreement in April to allow the developer more time, but the developer failed to acquire the property and financing for the project by the deadline set out in the agreement: June 28, 2019.

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