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KC authority approves tax incentives for apartment project

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The Kansas City Planned Industrial Expansion Authority has approved tax incentives for luxury apartment plans by The Cordish Cos.

The project received a 25-year property tax abatement and a sales tax exemption on construction materials.

The Cordish Cos. intends to develop the $156 million Four Light luxury apartments in downtown Kansas City.

Read more from the Kansas City Business Journal.

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