YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The Kansas City Council signed off on $1.63 billion in tax incentives for Cerner Corp.’s planned $4.3 billion campus on the site of the former Bannister Mall with a 10-1 vote on Oct. 10.
The 4.5 million-square-foot Cerner campus would be built during the next decade and include 11 office buildings and a 13,662 parking-space surface lot, according to the Kansas City Star. The redevelopment is expected to create 15,000 new jobs and generate $446 million in payments in lieu of taxes through the course of the 23-year tax-increment financing plan.
The mall, which had opened in 1980 at Interstate 435 and Bannister Road, closed in 2007 after years of declining interest from customers and retailers.
Read more at the Kansas City Star.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
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