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Lee's Summit council hears conceptual $70 million Midstates warehouse expansion, staff outlines Chapter 100 incentive terms
Summary
Midstates Distributing presented a conceptual plan for a roughly 500,000-square-foot expansion at 420 SE Thompson Drive and requested Chapter 100 tax incentives: a 10-year, 75% real-property incremental abatement, sales-tax exemption on construction materials, and a 5-year, 50% personal-property abatement tied to $25 million of equipment purchases. Council voiced broad conceptual support and staff will return with terms.
Midstates Distributing LLC told the Lee’s Summit City Council on Nov. 3 that it plans a roughly 500,000-square-foot expansion of its existing Thompson Drive distribution facility and is seeking a Chapter 100 public‑private incentive package to keep the project in the city.
Kurt Peterson, representing Midstates, said the company expects about $70,000,000 in real and personal property investment for the expansion and asked the council to consider two categories of benefits: a 10‑year, 75% abatement on the real‑property increment and a sales‑tax exemption on construction materials. "The requested term here for this project would be 10 years," Peterson said during the presentation. He also described a personal‑property…
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