CONTRACTPENDING

$51 Million Housing Project Proposed with Tax Incentive

Wyandotte County logoWyandotte County
Disclosed value
$51,000,000 (total project investment); $2,000,000 land, $33,600,000 building, $100,000 FFE, $15,300,000 soft costs
From report
Document date
Feb 11, 2025
Term
10 years (2025-02-11 to 2035-02-11)
Renews
Free account

The 30-second brief

What it covers

The Unified Government of Kansas City/Wyandotte County is considering a 10-year, 50% property tax abatement and PILOT agreement with Marian Development Group, LLC for a $51 million multifamily housing project at 6909 State. The plan includes significant public incentives and sales tax exemptions for construction-related expenditures.

Who holds it

Marian Development Group LLC holds this construction contract with Wyandotte County. Its other public contracts on record include work for Ohio Housing Finance Agency | State of Ohio.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Wyandotte County contract.

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Contract details

Contract type
Construction
Amount
$51,000,000 (total project investment); $2,000,000 land, $33,600,000 building, $100,000 FFE, $15,300,000 soft costs
Document date
February 11, 2025
Term
10 years (2025-02-11 to 2035-02-11)
Renews
Free account
Source document
wyandotte-county-tax-abatement-cost-benefit-analysis_813.pdf (Report)

Marian Development Group LLC's other public contracts

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Questions about this contract

Who was awarded the construction contract by Wyandotte County?

Marian Development Group LLC was awarded this construction contract by Wyandotte County, as recorded on February 11, 2025. The contract value is $51,000,000 (total project investment); $2,000,000 land, $33,600,000 building, $100,000 FFE, $15,300,000 soft costs.

How much is the Marian Development Group LLC contract with Wyandotte County worth?

The Marian Development Group LLC contract with Wyandotte County is valued at $51,000,000 (total project investment); $2,000,000 land, $33,600,000 building, $100,000 FFE, $15,300,000 soft costs, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a report record.

Where was this contract approved?

This contract appears in wyandotte-county-tax-abatement-cost-benefit-analysis_813.pdf (Report), dated February 11, 2025 from Wyandotte County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Marian Development Group LLC hold?

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

What is Wyandotte County currently buying?

Explore Wyandotte County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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