TIF FUND ELIGIBLE
135.5 ACRES IN SHAWNEE Unparalleled development prospect in a premier Shawnee locale near 75th, between Monticello & Woodland.
$6,000,000 (Can Subdivide)
$6,000,000 (can subdivide)
P R O P E R T Y O V E R V I E W
3 PARCELS
Property features scenic rolling hills, mature trees, bluffs, streams, and beautiful views.
Engineered conceptual plans are available.
H N S O N C O U N T Y A I M S M A P
W A S T E W A T E R M A P
Population (from most recently Census) 66,839
See Johnson County Parcels:
QF231223-1004 | 58.14 Acres
QF231223-2003 | 31.24 Acres
QF231223-2008 | 46.15 Acres
Pre-existing sewage runs along the creek.
TIF
funds eligible
Parcels can now be sold separately. Sellers and city prefer to see SFH or horizontal multi-family residential development. Some light commercial may be entertained.
T I F F U N D S E L I G I B L E - O V E R V I E W
The Hickok Zarah Improvement District is an area in southwest Shawnee that has been designated as a “Conservation TIF”. A TIF district takes money that typically goes to both a local school district and the county and redirects it to pay for infrastructure improvements in the district. See the map here.
This action was approved by the Shawnee City Council on November 14, 2022. With the district approved, the Hickok-Zarah Development Area TIF District can host one or more TIF project plans, proposed either by the City or by private developers to fund priority infrastructure. Unlike a ”typical” TIF, tax increment generated in the Hickok-Zarah Development Area will be used to fund critical infrastructure, including internal infrastructure and key connections to adjacent arterial streets, trails and regional parks.
In Kansas, no TIF dollars can be spent until an approved TIF Project Plan is in place.
Kansas law requires the City to create the project area, but either the City or a private party can request the City create a project area. The City has commissioned its own detailed, independent financial review of the proposed project plan. If a private developer is involved, the City may require the commissioning of a third-party market study. The City may also require the developer enter into a development agreement, which is a contract specifying the responsibilities of the developer in order to gain access to TIF reimbursement.
C L I C K H E R E T O V I E W T H E
L A N D O V E R V I E W V I D E O
