Wal-Mart Subsidies in W. Kansas City/Speedway, KS
Store Details
City | W. Kansas City/Speedway |
State | KS |
Address | Prairie Crossing Street and Parallel Pkwy |
ZIP code | 66111 |
County | Wyandotte |
Type of Facility | Supercenter |
Year Opened | undetermined |
Value of Subsidies | $29.1 million |
Narrative
The developer received $15.3 million in transportation development district funds to be used for roadway improvements and $28.4 million in sales tax increment financing subsidies for infrastructure costs and land acquisition ($43.7 million total). The retail development will be anchored by the Supercenter, a Sam’s Club and a home improvement store (as yet unnamed). We thus attributed two-thirds of the total ($29.1 million) to Wal-Mart.