The Kansas City Plan Commission voted 5-2 last week, approving a request to rezone 487 acres for a planned development district around the intersection of Missouri Highway 152 and North Platte Purchase Drive.
Also approved by the commission was a preliminary plat and voted in favor of amending the city’s KCIA Area Plan to recommend that land feature mixed-use community uses.
The council will meet next week to review these measures.
Some action has already been taken by real estate development team MD Management to help further the process of development in the broader Twin Creek area.
The planned mixed-use projects now sits at an estimated $375 million to develop that area of the Northland.
Back in 2012, Mission-based MD Management and Kansas City-based Hunt Midwest contracted with the Tax Increment Financing Commission to build $45 million in sewer extensions.
Twin Creeks Village calls for eight phases of development through December 2035, per conceptual development plans which, along with Costco, are projected to generate $505.5 million in sales tax revenues for the city and taxing jurisdictions over the next 30 years.