Kansas City, MO, August 24, 2026 —

The Port KC board has approved a property tax abatement for the proposed redevelopment of the Country Club Plaza in Kansas City. The decision grants Gillon Property Group an estimated $149 million tax incentive over a period of 30 years.

The redevelopment project is planned to encompass a mix of commercial spaces, residential units, and hotel rooms. The approved tax incentive represents a modification from an earlier proposal. The initial plan faced significant opposition from various taxing jurisdictions, including the Kansas City Public Schools.

Details regarding the specific structure of the tax incentive and the breakdown of funds for different components of the redevelopment were not immediately available. The agreement follows a period of negotiation and public input concerning the scope and financial impact of the project.

Gillon Property Group is the designated developer for this large-scale revitalization effort. The Country Club Plaza, a historic shopping and entertainment district, is slated for significant changes aimed at modernizing its facilities and attracting new tenants and residents. The reduction in the proposed tax incentive signals an effort to address concerns raised by local tax authorities about the potential impact on public services funded by property taxes.

The Kansas City Public Schools, a key taxing jurisdiction, was among the entities that voiced strong objections to the initial proposal. The revised incentive package aims to balance the economic development goals with the fiscal needs of local government entities. Further details on the final terms of the agreement are expected to be released as the project moves forward.



Story summarized from the original created by Josh Merchant on thebeaconnews.org, see more information here.

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