Unified Government Approves CID-Financed Development with HFS KCK LLC
- Disclosed value
- Not to exceed $6,500,000 in CID proceeds ($4,000,000 K1 Speed, $2,500,000 Hilton Hotel)
- From agenda
- Document date
- Sep 8, 2025
- Renews
- Free account
The 30-second brief
The Unified Government of Wyandotte County/Kansas City, Kansas approved the Fifth Amendment to its development agreement with HFS KCK, LLC for the Homefield Project. This amendment creates a new Community Improvement District financing mechanism for K1 Speed and a new Hilton Hotel, allowing up to $6.5 million in CID reimbursements over a 22-year period, with new project components and operational provisions outlined.
Hfs Kck LLC holds this construction contract with Wyandotte County. Its other public contracts on record include work for City of Kansas.
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
- Not to exceed $6,500,000 in CID proceeds ($4,000,000 K1 Speed, $2,500,000 Hilton Hotel)
- Document date
- September 8, 2025
- Term
- CID sales tax effective July 1, 2026 for 22 years or until maximum reimbursed
- Renews
- Free account
- Vendor
- Hfs Kck LLC
- Agency
- Wyandotte County
- Source document
- Unified Government of Wyandotte County Economic Development & Finance Standing Committee Agenda September 2025 (Agenda)
Hfs Kck LLC's other public contracts
More Wyandotte County contracts
Questions about this contract
Who was awarded the construction contract by Wyandotte County?
Hfs Kck LLC was awarded this construction contract by Wyandotte County, as recorded on September 8, 2025. The contract value is Not to exceed $6,500,000 in CID proceeds ($4,000,000 K1 Speed, $2,500,000 Hilton Hotel).
How much is the Hfs Kck LLC contract with Wyandotte County worth?
The Hfs Kck LLC contract with Wyandotte County is valued at Not to exceed $6,500,000 in CID proceeds ($4,000,000 K1 Speed, $2,500,000 Hilton Hotel), covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Unified Government of Wyandotte County Economic Development & Finance Standing Committee Agenda September 2025 (Agenda), dated September 8, 2025 from Wyandotte County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Hfs Kck LLC hold?
Hfs Kck 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.