Long-Term Parking Lease with WBD for New Garage
- Disclosed value
- $60 per space per month in Year 1, with annual CPI-based increases
- From agenda
- Document date
- Apr 14, 2026
- Renews
- Free account
The 30-second brief
Wichita and WBD, LLC will enter into a long‑term parking lease under which the City leases back up to 85 percent of a new 300‑space garage to the developer at $60 per space per month, escalating annually with CPI. The City will operate and maintain the structure while providing dedicated parking for the adjacent mixed‑use development.
Wbd LLC holds this facilities contract with City of Wichita.
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Contract details
- Contract type
- Facilities
- Amount
- $60 per space per month in Year 1, with annual CPI-based increases
- Document date
- April 14, 2026
- Term
- Commences upon conveyance of fee title to garage; 30-year term, month-to-month, with two 10-year automatic extension options
- Renews
- On record
- Vendor
- Wbd LLC
- Agency
- City of Wichita
- Source document
- City of Wichita City Council Meeting Agenda April 14 2026 (Agenda)
Wbd LLC's other public contracts
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Questions about this contract
Who was awarded the facilities contract by City of Wichita?
Wbd LLC was awarded this facilities contract by City of Wichita, as recorded on April 14, 2026. The contract value is $60 per space per month in Year 1, with annual CPI-based increases.
How much is the Wbd LLC contract with City of Wichita worth?
The Wbd LLC contract with City of Wichita is valued at $60 per space per month in Year 1, with annual CPI-based increases, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of Wichita City Council Meeting Agenda April 14 2026 (Agenda), dated April 14, 2026 from City of Wichita. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Wbd LLC hold?
Wbd 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 City of Wichita currently buying?
Explore City of Wichita's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.