IRB Financing Intent for The Rise Project
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Description
Lenexa plans to adopt a resolution of intent to issue up to $21 million in industrial revenue bonds on behalf of The RiSE CC, Inc. for The Rise at City Center mixed-use project. The bond proceeds will help finance, equip, and construct a 9+ story building with 122 multifamily units and 7,000 square feet of office/retail space.
Contract Details
Contract Amount
Up to $21 million (industrial revenue bonds)
Vendor
THE RISE CC INC
Agency
City of Lenexa, KS
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
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