Developers pursue apartment and retail project in old Overland Park
05/20/2014 7:45 PM
06/03/2014 10:17 AM
A redevelopment for the southeast corner of 80th Street and Metcalf Avenue that could add apartments and retail to a dormant area of old Overland Park is in the early planning stage.
Steve Coon and Tim O’Leary of ePartment Communities, the developers behind the Village at Mission Farms apartment and retail development, have begun the process of seeking tax-increment financing assistance from the city. They have assembled a four-acre site at the strategic corner near downtown Overland Park.
“We feel it’s a good location,” O’Leary said Tuesday. “There haven’t been any apartments built within a two- to three-mile radius for a long time. You’re near the Farmers Market, the Rio theater and other amenities.”
The Overland Park Finance, Administration and Economic Development Committee is scheduled to review a proposal to create a TIF district for the property today. The committee recommendation will then go to the City Council for consideration on June 2.
The developers have a contract on the property and want to determine whether the city would provide tax incentives before preparing more detailed plans. O’Leary did say the city would like a project similar to Mission Farms, a 212-unit apartment development that includes 10,350 square feet of retail at 4080 Indian Creek Parkway.
If the plan moves forward, it would require the demolition of the O’Neill Honda detailing operation and a closed Sonic Drive-In. The development site is north of the vacant property once occupied by the White Haven Motor Lodge. The White Haven site is not part of the plan being pursued by ePartment Communities.
Coon said he’s optimistic the city will support the redevelopment because it fits with the Vision Metcalf planning document approved in 2009. It’s intended to guide efforts to revive Overland Park’s primary north-south commercial corridor over the next 30 years.
“We like the site, there’s nothing like it in downtown Overland Park, and it’s part of the city’s vision,” he said.
To reach Kevin Collison, call 816-234-4289 or send email to email@example.com. Follow him on Twitter @kckansascity.