Industrial development near the Sunflower Army Ammunition Plant in De Soto continues as Prairie Village-based Flint Development’s commerce center picks up steam. De Soto’s City Council will hold a public hearing on the issuance of $100 million worth of industrial revenue bonds as an incentive mechanism for Flint Commerce Center’s construction at the northwest corner of 103rd Street and Edgerton Road. In a December memorandum of understanding, officials agreed to provide property tax abatements for 3.5 million industrial square feet of Class A warehouses. The rezoning for 371 annexed acres also was approved in January, alongside a 5,877-acre tax increment financing district for the nearby Sunflower plant.
Source: Kansas City Business Journal
