KANSAS CITY, Mo. — The Kansas City, Missouri, City Council approved a revised plan for a midtown development that would include 192 apartments.
By a 9-4 vote, the council approved the revised plan.
3948 Main Street, site of the historic Katz Drug Store building, is where the project will be built.
The council voted down an earlier proposal after objections were raised over the length of the project's tax abatement and lack of low-cost apartments.
Previously, the proposal granted developer Lux Living a 25-year abatement.
The new tax property tax abatement is 75% for 10 years.
While the Kansas City Missouri School District opposed the 25-year abatement, it supports the 10-year property tax abatement.
The development will be one block south of a future streetcar stop along Main Street.
