Riverfront apartment project, bond issues on Thursday’s UG Commission agenda

The Unified Government Commission is scheduled to meet Thursday, Aug. 13, in a remote Zoom meeting.

On the 5 p.m. agenda is an update on COVID-19 and a new medical order regarding youth sports.

At the 7 p.m. meeting will be an ordinance and resolution for the Yards II apartment and riverfront development, which is on the Kansas River near the bottoms.

It includes a public hearing. The UG Commission is asked to pass an ordinance creating the Riverfront Redevelopment District and a resolution adopting the development agreement.

According to the development agreement, the project is for 225 to 240 apartment units. The first floor of the building would include about 6,000 square feet of retail space for retail, restaurant and entertainment. The project also includes a health and fitness center, outdoor kitchen and grills, patio space, and a dog park. Construction would start on the project by Dec. 31, 2023, and be completed by Dec. 31, 2025, according to the agreement.

The developer, Flaherty and Collins, will build a first-class river overlook apartment building, according to UG officials. The project costs of the first phase are $40.7 million.

The incentives for the first project area include a pay-as-you-go TIF, with no bonds; a public incentive cap of $11 million and not more than 23 percent of the total project cost; and equal to 100 percent of the increase in property taxes for project area 1 for up to the maximum 20 years, according to UG information.

More information on this project is at http://wyandottedaily.com/public-hearing-date-set-for-the-yards-apartment-complex-near-kansas-river/.

The UG also is scheduled to consider four items concerning bonds and notes issuances.


According to the UG agenda, the UG has received an AA outlook, stable rating from Standard and Poor’s, and A1, stable, from Moody’s from the Aug. 7 credit rating reports.

According to the agenda, the UG is refinancing $41 million in outstanding bonds issued in 2010 and 2011, with an interest savings of $4.4 million.

There will be $3.4 million in capital improvements in new financing as well, according to the agenda. This was previously budgeted in the 2020 original budget as cash-funded projects.

Also, there will be $5.2 million proposed to finance in 1 to 3-month temporary notes for the $7 million Enterprise Resource Planning Solutions project, according to the agenda. The UG projects savings on the refunding.

Also on the agenda will be a request to apply for the fisal year 2021 VOCA grant for $368,771, with funds going to the victim services unit. A match of $92,191 is required from Police Department funds.

Also, a resolution will approve the donation of a 2008 sheriff’s office transport van to the Salvation Army. The value of the vehicle is between $800 and $1,500.

In addition, the commission will accept the plat of KC Railcar, 1147 S. 14th; and the Turner Logistics Center, College Parkway and Tauromee.

The meetings will be on UGTV on local cable television and on YouTube. For information about how to connect to the Zoom meetings on the internet, or how to participate in the meetings, visit https://www.wycokck.org/Clerk/Agendas.aspx or call the clerk’s office at 913-573-5260.

Public hearing date set for the Yards apartment complex near Kansas River

A drawing of the Yards II redevelopment area, where a TIF district is proposed, showed it is close to a levee improvement area, as well as the proposed Rock Island Bridge project. (From UG agenda)

A public hearing date was proposed for the Yards II apartment redevelopment project east of the Kansas River, west of State Line Road, north of Kansas Avenue and south of I-670 in Kansas City, Kansas. The development is near the Rock Island redevelopment project at the Kansas River.

The proposed public hearing on the first phase project plans will be Oct. 29, according to officials at the Unified Government Economic Development and Finance Committee meeting Monday night.

Another public hearing on the project is coming up this week. Katherine Carttar, Unified Government economic development director, said a public hearing is scheduled Thursday, Aug. 13, for the proposed tax increment funding district, the Riverfront Redevelopment District, and a resolution adopting the development agreement for the Yards II Apartments.

The developer, Flaherty and Collins, will build a first-class river overlook apartment building, she said. It will complement the work being done on the levee, she added.

The first phase, with project costs of $40.7 million, will have 225 to 245 units, she said. It would have about 6,000 square feet of retail space.

The project includes a health and fitness center, outdoor kitchen and grills, patio space, and a dog park, she said.

The incentives for the first project area include a pay-as-you-go TIF, with no bonds; a public incentive cap of $11 million and not more than 23 percent of the total project cost; and equal to 100 percent of the increase in property taxes for project area 1 for up to the maximum 20 years, according to UG information.

According to Carttar, the project is expected to stimulate future riverfront development; bring residents to the Kansas side of the stockyards district and West Bottoms; increase sales tax and PILOT revenues; and leverage the Kansas River as an asset.

Stimulating residential development brings additional development to an area, she added.

The project was also moving through the zoning process on Monday night at the City Planning Commission meeting.

The EDF committee approved the hearing date, and the item will go to the full UG Commission.

Quindaro Ruins trust to come back to later meeting

Also on Monday night, commissioners delayed a proposal to establish a Quindaro Ruins trust after Commissioner Gayle Townsend requested more information on it, including a more detailed map.

The proposal is an agreement between Western University Association of the AME Church and the Unified Government to form a trust to own property, seek grants and donations and develop the Quindaro Ruins project. The commission did not discuss the details of the project on Monday night at the Neighborhood and Community Development meeting. The project is expected to come back to a future NCD Committee meeting.

UG sale of 24 acres near Woodlands moves ahead

A project to sell 24 acres of Unified Government-owned property near The Woodlands to Scannell Properties, a developer, moved forward on Monday night.

The Economic Development and Finance Committee voted to approve the purchase agreement for Scannell Properties to buy 34 acres of UG-owned land, and donate 70 acres to the UG Parks Department in the Woodlands redevelopment project.

This was a smaller part of the overall Woodlands sale to Scannell. The dog and horse racing track at 97th and Leavenworth Road closed in 2008 while awaiting a better deal from the Kansas Legislature on its proposed slots revenue, and never reopened.

The larger deal is a private one, where owner Phil Ruffin is selling around 400 acres to Scannell Properties for a warehouse redevelopment, with some small neighborhood retail planned at 99th and Leavenworth Road. Scannell has an agreement to purchase the Woodlands property.

Katherine Carttar, UG economic development director, said the agreement would allow Scannell to purchase 34 acres from the UG at 99th and Leavenworth Road, for a price of $2,031,495.78, based on $59,055.11 per acre. The UG had acquired the land in a tax sale, according to Carttar.


As part of the deal, Scannell would donate 70 acres to the UG for parks land. The land is close to Wyandotte County Lake Park and would be used for parks and trails, according to Carttar. That land will act as a buffer for the warehouse development.

Rezoning for the project and a master plan change has already been approved.

The first phase of the project is around 100 acres, with a 1 million square foot building, Carttar said, then there is 94 acres of undeveloped property for park land on the east side, and over 200 acres is still available for future development.

There is no request for tax abatement, Carttar said. She said the taxes today would be about $400,000 on the 415 acres. Once the first building is complete, they would be looking at over $2 million in taxes on the building, and an additional amount for the land, she said, estimated at $2.2 million a year in taxes.

Laurie and Adrian Torrez, who live near the Woodlands, spoke at the meeting.

Laurie Torrez said the Woodlands’ owner should not set the price on the land, and they should have an independent appraiser look at it. Adrian Torrez said he felt like it was already a “done deal” and his neighborhood had become a sacrificial lamb because of the need for the UG to do a development.

In answer to a question by committee member Jeff Bryant, Carttar said the UG did not have an independent appraisal done, but the appraisal was done by the UG’s own appraisal department.

The UG decided the purchase price for the land should be the same rate as the Woodlands land, according to Carttar. She said she thought it was a fair price. To the $2 million the UG will receive for the land will be added the land being donated for parks, and also $75,000 Scannell is donating to help with improvements to a shelter and improvements to trails on the park land, she said. At the rate they are paying for the other property, the donated land would be worth about $6 million, she said.

The project now goes to the full UG Commission for approval.