Latest news with #DrakeDevelopment
Yahoo
11 hours ago
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Merriam City Council approves next step for $102 million development project
MERRIAM, Kan. — The Merriam City Council on Monday night discussed moving forward with a $102 million development project. The mixed-resident and retail development would be built at the site of the former Johnson County Library branch, just north of Shawnee Mission Parkway. Kansas City restaurants gear up for World Cup surge — and this time, they're ready The city council approved all 13 items presented during the special meeting, including planning and zoning the issuance of general obligation bonds and a community improvement district to help fund the , which includes a new grocery store and apartment complex. 'I've seen it, you know, , which I think is a great improvement, not that Kmart didn't have memories, but something newer is always nicer. So it's good to see for sure,' said Merriam resident Tony Castro. The city is working with Drake Development on the project, the same company they partnered with to redevelop the old Kmart site as Grand Station. 'I really like what they've done at the Grand Station. I think that it's like definitely bringing people, a lot of people here, which I've always loved this area. They're bringing new things like the Shake Shack and 30 Hop, which I've never had before. So I really like what they're doing,' said Merriam resident Paula Cifuentes. The plan is to build a grocery store, 200-plus apartment units, restaurants and more across the street from Grand Station, from Shawnee Mission Parkway to 62nd Terrace. See the latest headlines in Kansas City and across Kansas, Missouri 'I think they did a nice job now where it's at. Not only the apartment units that they have there, but the nice little restaurants and, you know, choices that you have eatery wise. So if they do something similar to where the old library is going to be at, I think it'd be nice,' Castro said. Some residents believe the marketplace would fill a need in Merriam. 'That would be a really good idea because Mission has a grocery store and like, it's kind of a little far of a drive to get to another grocery store like in Shawnee and Quivira. So I think that would be really beneficial to the people that live here,' Cifuentes added. This development would be jointly owned between the city and Drake Development. The city is in line to issue at least $32 million in bonds to cover its side of the costs. Download WDAF+ for Roku, Fire TV, Apple TV During Monday's special meeting, council members discussed ways the city would pay itself back, including a one percent community improvement district sales tax. With the city council's approval Monday night, the Grand Marketplace Development is now one step closer to construction. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
11 hours ago
- Business
- Yahoo
Is another Trader Joe's coming to the Kansas City metro?
KANSAS CITY, Mo. — Another Trader Joe's might be on its way to Johnson County, solidifying its third location across the Kansas City metro. At Monday night's , a new project was unanimously approved to rezone and redevelop multiple parcels along Ikea Way – near West 62nd Terrace, Antioch Road and Shawnee Mission Parkway – as part of a long-awaited plan to redevelop the northwest corner of Shawnee Mission Parkway and Antioch Road. Download WDAF+ for Roku, Fire TV, Apple TV According to the city council, Slater Investors LLC, represented by Drake Development, is taking over the $102 million mixed-use development project called the 'Grand Station Marketplace' or 'Merriam Grand Station Marketplace.' It consists of plans for a 215-unit apartment building, a 4,000-square-foot retail space or restaurant(s), and a 12,500-square-foot building intended for a new grocery store—potentially a Trader Joe's. The project will span about six acres and will include parcels currently home to the former Antioch Library, a Shell gas station, a Chipotle and a few other businesses. The new Trader Joe's is intended to take over the former Hen House Market, located at 5800 Antioch Rd., which closed its doors in July 2018. According to the project proposal on the city council website, it says that the project is not only significant for the City of Merriam's long-term plans but also has the potential to bring a grocery store back to the community. Now, after Monday's meeting, the city and Drake Development will partner up on the ownership and construction of the site. The city will take over the east block of the development plan, which will include the restaurant and retail spaces, as well as the potential Trader Joe's—and Drake Development will take over the 215-unit apartment complex on the west block of the marketplace. At this time, whether Trader Joe's will take over the 12,500-square-foot retail space is still unconfirmed. But, in the final , it was revealed that the popular grocery store had submitted a building permit application to the city. See the latest headlines in Kansas City and across Kansas, Missouri 'Trader Joe's has an excellent reputation, and we'd be excited for one in Merriam,' a spokesperson with the City of Merriam said. 'If Drake Development is able to bring one to our development, it would be transformative. That said, we're thrilled to know they may be interested in Merriam.' To cover its side of the costs, the city is in line to issue at least $32 million in bonds. During Monday's meeting, council members , including a one percent community improvement district sales tax. But this is not set in stone. The potential new Trader Joe's would mark the third location in the Kansas City metro, with one already on Ward Parkway in Kansas City, Missouri, and the other on West 119th Street in Leawood, Kansas. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
