Address: 3846 SW TOPEKA BLVD Topeka, KS 66609
3846 SW TOPEKA BLVD, Topeka, KS 66609 is an exciting opportunity for redevelopment in the Topeka Boulevard area! A 1.41-acre parcel of land located next to the brand new KTA (Kansas Turnpike Authority) Offices. The area's renaissance, described as larger than the day Jack Wylie sold White Lakes Country Club to the mall developers to build White Lakes Mall, indicates significant growth and development. In terms of financing and incentives for redevelopment, a CID (Community Improvement District) and TIF (Tax Increment Financing) options are available. A Community Improvement District (CID) is a specific geographical area where additional taxes, known as CID taxes, are imposed on businesses and properties within the district. The revenue generated from these taxes is then allocated towards financing public infrastructure, improvements, and other economic development initiatives within the CID. Tax Increment Financing (TIF) is a financing mechanism that allows municipalities to ...