Redbud Reserve to develop $52M Apartment Project

Redbud Reserve LLC is set to develop a 192-unit multifamily housing project in Kansas City, Kansas, financed by $52 million in taxable industrial revenue bonds. The agreement includes a 10-year tax abatement period with specific requirements for local business participation and community benefits.

Document date · March 27, 2025

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Scope & details

The full contract record, as filed.

Contract amount

$52,000,000

Contract type

Industrial Revenue Bonds

Contract term

10 years

Document type

Contract

Source document

wyandotte-county-performance-agreement-with-redbud-reserve_401.pdf

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KCATA Economic Development & Real Estate Committee Meeting Agenda July 2025

APPROVED

Kansas City Area Transportation Authority, MissouriJul 14, 2025

wyandotte-county-resolution-to-issue-bonds-for-commercial-facility_795.pdf

pending

Wyandotte County, Kansas$52,000,000Mar 27, 2025

unified-government-of-wyandotte-county-performance-agreement_cfc.pdf

pending

Town of Wano, Kansas$52,000,000Mar 27, 2025

unified-government-resolution-on-industrial-revenue-bonds_bec.pdf

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Town of Wano, Kansas$52,000,000Mar 27, 2025

unified-government-of-wyandotte-county-kansas-city-kansas-performance-agreement_b9f.pdf

pending

City of Kansas, Kansas$52,000,000Mar 27, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the industrial revenue bonds contract by Wyandotte County?

Redbud Reserve was awarded this industrial revenue bonds contract by Wyandotte County, as recorded on March 27, 2025. The contract value is $52,000,000.

How much is the Redbud Reserve contract with Wyandotte County worth?

The Redbud Reserve contract with Wyandotte County is valued at $52,000,000, covering industrial revenue bonds work.

What type of contract is this?

This is a Industrial Revenue Bonds contract, documented as a contract record.

Where was this contract approved?

This contract appears in wyandotte-county-performance-agreement-with-redbud-reserve_401.pdf (Contract), dated March 27, 2025 from Wyandotte County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Redbud Reserve hold?

Redbud Reserve may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Redbud Reserve's profile

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