Prairie Village-based Flint Development plans to build a $200 million, 800-unit multifamily project to support the $4 billion Panasonic Ltd. electric-vehicle battery plant in De Soto. On Thursday, the De Soto City Council approved two Flint Acquisitions LLC requests for industrial revenue bonds and for property tax abatements: $135 million in bonds and a 10-year, 80% abatement to finance the costs of acquiring and constructing Flint Meadows East — a three-building, 634-unit apartment complex — and $90 million in bonds and a 10-year, 75% abatement for the 248-unit Flint Meadows West.
Source: Kansas City Business Journal
