Shawnee will consider mixed-use development west of I-435 - Kansas City Business Journal:

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On June 8, the is schedulerd to hold a public hearing to consider the establishmentt of a tax increment financing district including 263 acrex on the west side of Interstat 435 between Johnson Drive and ShawneeMission Parkway. The land is ownes by three families, including the Hodgdon family, whichu operated a gunpowder plant on 160 of the Jim Martin, executive director of the , said the Hodgdonsd closed the powder plant about three yearsw ago and moved it to Herington, leaving vacant some prime real estate alony I-435. The landowners, also including the Jonezs andDeffenbaugh families, have bandexd together in hopes of attracting someonee to buy and develop the tract.
Martin said lawyers John Petersej and Korb Maxwell with represent the landowners in theirf attempt to attract a TIF district designatio n anda developer. Although the site benefitsx from a traffic count ofabout 60,000 vehicles a day on I-435, Martinm said, tax increment financing probably will be needed to defray the costs of developing the particularlg rugged terrain. The Hodgdon family has spentg “millions” to clean up their parcel aftedr discontinuation ofthe powder-mixing operations there, Martih said, but additional remediation may be Martin said that the project has been in the workx for the past thre e to four years and that his agency is supporting the efforrt by helping with developer Retail and office buildings are envisioned as the primarh uses, but residential could be blended in, he said.