Raymore Council approves Chapter 100 bonds for new commerce center development

Raymore City Council has taken a significant step towards economic growth by approving the first reading of Bill 3957, which involves the issuance of Chapter 100 bonds for the Raymore Commerce Center South project. This initiative aims to support the construction of a new 550,000 square foot building, which is expected to attract a publicly traded company that plans to occupy the entire space under a long-term lease.

During the meeting on March 24, 2025, city officials highlighted the success of Phase 1 of the project, which resulted in over $125 million in investments and the creation of more than 1,000 jobs. The council expressed optimism about replicating this success in Phase 2, which will accommodate up to 3 million square feet of commercial space. The groundwork for this expansion has already begun, with site preparations underway to ensure a swift delivery by December 2025.

Council members praised the thorough presentation on the Chapter 100 bonds, acknowledging the collaborative efforts that have led to this promising development. The unanimous approval of the bill reflects the council's commitment to fostering economic opportunities in the region.

In addition to the main agenda item, council members shared updates on community projects, including improvements to local parks and bridges, and encouraged residents to participate in the upcoming candidate forum ahead of the April 8 election. The meeting concluded with expressions of gratitude for the staff's hard work and a positive outlook on the future of Raymore's economic landscape.