Request to Set a Public Hearing to Expand Union Station - PowerPoint PPT Presentation

Request to Set a Public Hearing to Expand Union Station Redevelopment District Office of Economic Development September 3, 2019

Union Station 2 Redevelopment District • Established in 2014 • Approximately 10 acres • Historic renovation of former Union Station and related buildings • Development to occur in 3 phases

Proposed Expanded District

Expanded District 4 • Adds approximately ½ acre • Increases Project Areas to four from three • 40,000 sf rehabilitation and expansion of Ice House building • Estimated $8,700,000 project • Request for TIF for infrastructure improvements • Approximately $300,000

Ice House

Ice House

Next Steps •Public Hearing October 8, 2019 to expand district •30 days for Sedgwick County and USD 259 consideration or veto •Following 30 day period City Council can consider a Project Plan for the expanded area

Project Plan • A project plan will be required for reimbursement of any improvements within expanded boundaries • The new project will require a Development Agreement

Recommended Action • It is recommended that the City Council adopt the resolution providing notice of consideration for the proposed expansion of the Union Station redevelopment district and setting a public hearing for October 8, 2019.

Setting a Public Hearing to Expand Union Station Redevelopment District Office of Economic Development