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FINANCIAL_SERVICESAPPROVED

City of Lenexa Agenda 2026-05-19

IRB Financing Intent for The Rise Project

Up to $21 million (industrial revenue bonds)City of LenexaTHE RISE CC INCMay 19, 2026

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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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