Town West Mall Business Park TIF District
At a glance
Based on auto-generated captions; names and figures may be misheard.
- What: A developer (captioned "Wichita Kellogg LLC") plans to turn the former Town West Mall into a business park and seeks a tax increment financing (TIF) district in District 4. The December 2025 development agreement was approved earlier.
- Where it stands: On October 13 the council voted 7-0 to set the required public hearing for December 1, 2026 on creating the district and adopting its plan.
- Next: December 1 hearing; the developer said he would attend.
Details
- Corey Nisley described a 20-year TIF with the base value frozen; reimbursement is pay-as-you-go, so the city takes on no debt. Private investment is about $50 million with a TIF cost cap around $13 million.
- Eligible costs listed by staff: property acquisition ($10.9 million), parking lot repairs, landscaping, sidewalks, lighting and signage. The property paid about $279,000 in taxes in 2025.
- Conditions: construction complete within four years and 50% occupancy within five years of creating the district. A first tenant has signed a lease.
- Vice Mayor Glasscock (District 4) made the motion and highlighted those two deadlines.
Discussion time
About 10 minutes across 2 meetings (from transcript timestamps; approximate).
| Meeting | Minutes |
|---|---|
| 2026-10-13 - City Council | 10 |
| 2026-10-09 - City Council Agenda Review | 0 |
Log
- 2026-10-09 - City Council Agenda Review - Previewed for October 13 as a TIF and industrial revenue bond request.
- 2026-10-13 - City Council - Staff presentation; hearing set for December 1, 2026 (7-0).
Sources
- Watch the video (roughly 2:06:55 to 2:16:50)