Pioneer Crossing: $2.3B Development Seeks $300M TIF

0:00It's April 24. From your city to your ears, this is Kansas News Today, powered by AI. I'm Cory with the story. A massive 472 acre development called Pioneer Crossing is gearing up in Clay County, just north of Kansas City. Land Reserve, owned by the Church of Jesus Christ of Latter-day Saints, plans a $2.3 billion mixed-use project with shops, homes, offices, hotels, and entertainment spots. At first, they need big infrastructure fixes like roads, sewers, and water lines on this rough land near Interstate 435 and Highway 1. 52. To make it happen, they're asking for over $300 million in tax increment financing from the city. Last month, the TIF Commission, Greenlit up to $308 million, pulled from future property taxes in half the sites. Economic taxes for 23 years. On Tuesday, a city council committee pushed it forward, heading to the full council on May 7.

1:00Developers say this will boost everyone, city, schools, and locals with the land's value jumping from $60,000 to over $400, $18 million assessed. Tyler Buswell from Land Reserve calls it exciting, a win for Kansas City where they've had deep roots. The plan packs in about 1,500 homes, over 1 million square feet of retail, office space, 250 hotel rooms, and 4,000 parking spots. If approved, grading starts late this year, building kicks off in 2027, wrapping phases by 2029 over 15 years. This could reshape the Northland skyline and economy, blending homes and hotspots for years to come. Keep an eye on that council vote.