200 Block redevelopment cited as a downtown success using TIF
Staff described the 200 Block redevelopment on Gay Street as a mixed‑use success, enabled by a development agreement with KCDC and tax increment financing; presenters noted risks developers assume when market growth fluctuates.
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City planners highlighted the 200 Block on Gay Street as a recent example of activating a surface parking lot into mixed use, retail and residential space. Presenters said the project included a development agreement with KCDC and public support via tax increment financing.
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