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Local Government And Development

All articles tagged with #local government and development

local-government-and-development20 days ago

Kansas invests millions in Barbie and Hot Wheels theme park via STAR bond

Kansas is investing in a $540 million Mattel Adventure Park in Bonner Springs, funded largely through STAR bonds, which are loans paid back with future sales tax revenue. The project aims to boost local property values and attract visitors, but raises concerns about the state's future financial commitments and the effectiveness of sales tax incentives amid increasing online shopping. Construction could start in 2027, with opening planned for 2031.

via KCUR|
#kansas#local-government-and-development#mattel-adventure-park
local-government-and-development1 month ago

Southern Illinois Mall Revival Faces Hurdles Despite $112M Bond Deal

A $112 million redevelopment project in Marion, Illinois, aimed at revitalizing a dying mall and boosting the local economy, faces challenges due to the financial troubles and foreclosure of one of the key developers, Jerry Barrass, which could impact the project's future plans. Despite these issues, local officials and remaining partners continue to push forward with the project, which includes entertainment venues, hotels, and attractions designed to attract tourists and create jobs.

via Capitol News Illinois|
#economic-development#foreclosure#local-government-and-development
local-government-and-development7 months ago

Tampa Bay Rays in $1.7B Sale Talks with Developer and Investors

St. Petersburg and Pinellas County are exploring the possibility of transforming Tropicana Field into a convention center as part of a broader redevelopment plan for the Historic Gas Plant District, with a feasibility study underway to assess market demand and potential benefits for regional tourism and economic growth.

via Tampa Bay Times|
#convention-center#local-government-and-development#pinellas-county