Independence, Missouri – November 16, 2018 – The Independence City Council recently approved the rezoning of vacant land by Spanos Corporation, paving the way for the development of an upscale apartment complex near the intersection of 39th Street and Jackson Drive.
In a real estate purchase agreement created in the fall of 2017, Spanos Corporation, represented by Rouse Frets White Goss Gentile Rhodes, looked to build a multi-family apartment complex. Although the requested Chapter 100 economic development incentives (partial tax abatement and sales tax exemption) were approved, the project came to a halt when the rezoning failed to gather enough votes. After a week of negotiations, the Independence City Council ultimately voted to approve the rezoning. Leading the charge were Bill Moore and Kim Spies of Rouse Frets White Goss Gentile Rhodes.
The planned complex will showcase five buildings and more than 200 units plus amenities.
More information can be found in The Examiner.