UPDATES FROM 9/24/18
The Governing Body approved a request from the developer to extend the deadline to demolish the buildings at Westbrooke Village to August 1, 2019. You can view the agenda, listen to the meeting or read the minutes here.
UPDATES FROM 12/18/17
The Governing Body approved the following:
- TIF project
- Redevelopment agreement
- Rezoning request
- Sales tax enacted
For more information, please refer to the 12/18/2017 Special City Council Agenda.
The developer has launched a Westbrooke Green website that shows in more detail what the project will look like.
UPDATES FROM 11/14/17
- The City Council approved Ordinance No. 3201 establishing a Tax Increment Financing Redevelopment District for the proposed Westbrooke Green Project.
- There will be a public hearing on December 18, 2017 at 7:00 pm at City Hall to consider approving the Westbrooke Green Project Plan.
- There will also be a public hearing on December 18, 2017 to consider creating a Community Improvement District.
MP Westbrooke North, LLC, has entered into discussions with the Shawnee Economic Development Council and City staff to request the approval of incentives to develop a new mixed use, residential, retail and restaurant center at the northeast corner of 75th Street and Quivira Road.
The proposed project includes approximately:
- 108,500 square feet of retail and restaurant
- 530 market rate residential units with associated parking structure
The proposed timeline for the project is over a six year period from 2018 through 2024.
The public/private partnership total estimated project budget is $113.1 million. MP Westbrooke North, LLC proposes private investment from the developer of $81.3 million and requests a total of approximately $31.8 million plus interest in City participation from the following sources:
- $10.3 million from a 1.5% Community Improvement District (CID)
- $21.5 million plus interest in Tax Increment Financing (TIF)
These project costs reflect a requested sales tax exemption on construction materials with an estimated value of $3.3 million.
October 9 Meeting (pdf)
For more information about other Private/Public Partnerships in Shawnee, click here.
On September 11, 2017, the Governing Body approved a Funding Agreement with MP Westbrooke North, LLC. The funding agreement will require the developer to reimburse the City for costs associated with the analysis needed to work through the process up to the point of the Governing Body considering any incentives.
On October 16, 2017, the Planning Commission voted to approve changing the area from the current commercial designation to mixed use. The City Council approved that recommendation at the October 23, 2017 meeting.
The Planning Commission unanimously approved the rezoning requests for Westbrooke Green along with the consistency of the proposed project with the City's Comprehensive Plan. Here is the Feasibility Study related to the project plan.