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Financing in default for Overland Park development

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Financing ties to sales tax revenue is in default at Prairiefire, a mixed-use development in Overland Park, Kansas.

The default comes two years after similar STAR bond struggles in the area, according to The Kansas City Star.

A portion of community improvement district bonds are reportedly in default.

Prairiefire comprises a natural history museum and retailers. The development has been operational for over a decade.

Read more from The Kansas City Star.

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