The Mission Gateway developers are delinquent on $356,000 in property taxes, which could put the long-awaited $225 million project in jeopardy. The mixed-use development already has faced 16 years of fits and starts, including a yearlong delay due to the Covid-19 pandemic. Developers Cameron Group LLC and GFI Development Co. are on the clock if they wish to retain about $36.6 million in agreed-upon incentives for their development along Shawnee Mission Parkway, near Roe Avenue and Johnson Drive in Mission. They have 60 days to pay the property taxes or they’ll risk defaulting on the city’s redevelopment agreement. Another looming deadline is wrapping up construction by year’s end.
Source: Kansas City Business News