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Country Club Plaza Gets Major Tax Breaks | Kansas City News
Country Club Plaza is getting a major makeover, with the Port Authority of Kansas City offering a bold new plan to keep property taxes stable for 30 years—plus a 2% annual bump—to make development financially feasible. The revised proposal promises over $281 million in new revenue for local taxing bodies, up from the original $121 million, while also offering sales tax breaks on construction materials and a $5,000 Housing Trust Fund contribution per new unit—totaling over $4 million for 824 units. This revitalization effort aims to breathe new life into the aging shopping district by…
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