$51 Million Housing Project Proposed with Tax Incentive
- 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
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.
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.
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
- Agency
- Wyandotte County
- Source document
- wyandotte-county-tax-abatement-cost-benefit-analysis_813.pdf (Report)
Marian Development Group LLC's other public contracts
More Wyandotte County contracts
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.