Kansas City, Mo. – March 29, 2021 – Rouse Frets White Goss represents developer Woodsonia Joplin, LLC, in a project entering its construction phase to introduce a new Menards to Joplin, Missouri.
Last summer, Joplin city leaders approved the formation of the 32nd Street Place Community Improvement District. The CID held an election to adopt a 1% sales tax for the purpose of constructing a new Hammons Boulevard, which was necessary for construction of the new Menards store. In the fall, the City Council approved the 32nd Street Place Tax Increment Financing Plan which will bring over $188 million in new development of the project, including the Menards store, along with apartments and a potential new movie theater. This project has taken over a year to move through the complex approval processes, and as of February is in the building phase.
Attorneys of the firm working on this development include Kim Spies, Brian Engel and William Moore, working together on the Tax Increment Financing/TIF and CID formation along with the related bond issuance. Kellee Madinger, paralegal with the firm, handled the financial analysis.
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