$52M for multifamily housing development project
City of KansasCity · KS- Disclosed value
- $52,000,000
- From contract
- Document date
- Mar 27, 2025
- Term
- 10 years
The 30-second brief
Unified Government to issue $52 million in revenue bonds for Redbud Reserve, LLC, to finance the construction of a 192-unit multifamily housing development. The bonds, coupled with a tax abatement agreement, will support the project's construction, set to begin by July 1, 2026, and be substantially completed by July 1, 2028.
Redbud Reserve holds this industrial revenue bonds contract with City of Kansas. Its other public contracts on record include work for Kansas City Area Transportation Authority and Wyandotte County.
Term as filed: 10 years.
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Contract details
- Contract type
- Industrial Revenue Bonds
- Amount
- $52,000,000
- Document date
- March 27, 2025
- Term
- 10 years
- Vendor
- Redbud Reserve
- Agency
- City of Kansas
- Source document
- unified-government-of-wyandotte-county-kansas-city-kansas-performance-agreement_b9f.pdf (Contract)
Redbud Reserve's other public contracts
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Questions about this contract
Who was awarded the industrial revenue bonds contract by City of Kansas?
Redbud Reserve was awarded this industrial revenue bonds contract by City of Kansas, as recorded on March 27, 2025. The contract value is $52,000,000.
How much is the Redbud Reserve contract with City of Kansas worth?
The Redbud Reserve contract with City of Kansas is valued at $52,000,000, covering industrial revenue bonds work.
What type of contract is this?
This is a Industrial Revenue Bonds contract, documented as a contract record.
Where was this contract approved?
This contract appears in unified-government-of-wyandotte-county-kansas-city-kansas-performance-agreement_b9f.pdf (Contract), dated March 27, 2025 from City of Kansas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Redbud Reserve hold?
Redbud Reserve 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 Kansas currently buying?
Explore City of Kansas's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.