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Jun. 24 The Kansas City Council on Thursday unanimously rejected an incentive package for a major redevelopment of the former Katz drugstore building in Westport. Council members appeared ready to approve a scaled-down version of incentives, limiting a tax abatement from 15 years to 10 years. But Katheryn Shields, who represents the 4th District, said the project was nonviable after an .
Tax breaks for Katz Drug Store project in Westport advance despite objections Steve Vockrodt, The Kansas City Star
Jun. 16 A Kansas City Council committee on Wednesday approved tax breaks for a developer who plans to build new apartments while also fixing up the historic Katz Drug Store Building in Westport.
Lux Living, based in St. Louis, proposes building a six-story, 192-unit apartment building on top of underground parking behind the Katz Building at Westport Road and Main Street. The overall cost of the project is $37.6 million.
The developer sought tax breaks that exceeded what an independent analysis showed was necessary for the project, but the council committee ended up passing a reduced level of benefits. The full Kansas City Council is expected to take the issue up Thursday for a final vote.
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