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Garden City eyes 160000-square-foot retail hub to boost region
City officials weigh a 20-year tax increment financing plan to fund the Garden City project, aiming to close a 13 million gap and attract a 160,000-square-foot big box store plus four smaller retailers. The plan would use future property taxes and utility revenues to repay bonds, with street and utility work estimated at about 4 to 5 million, and potential state aid through KDOT. Collett & Associates, a broker with Oklahoma and other states, would supply tenants though names are not disclosed.
MENTIONED IN THIS ARTICLE
Trict
Matt Allen
Allen
Garden City
Kaleb Kentner
Kentner
Schulman Avenue
Larue Street
Kansas Department of Transportation
Collett & Associates
Kansas
Oklahoma
Arizona
United States
Collett’s
Lowe’s Home Center
Edmond
Okla
Kohl’s
University Town Center II
Norman
Barnes & Noble
Plainview Mall
Louisville
Collett
Ross
OfficeMax
Petco
Payless Shoe Source
Babies ‘R’ Us
Target
Starbucks