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

September 3, 2019

Office of Economic Development

Union Station Redevelopment District

• Established in 2014
• Approximately 10 acres
• Historic renovation of former Union Station

and related buildings

• Development to occur in 3 phases

2

Proposed Expanded District

Expanded District

• 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

4

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.

Office of Economic Development

Setting a Public Hearing to Expand Union Station Redevelopment District