Overland Park City Council approves refinancing of tax-exempt bonds for CityPlace development

The Overland Park City Council on Monday approved developers' request to refinance loans for the mixed-use CityPlace project, as the site is poised to start the next phase of construction, which includes new luxury apartments and another office builidng. Rendering from CityPlace website

The financial logistics for Overland Park’s CityPlace development progressed last night. 

At its meeting Monday, the Overland Park City Council approved developers’ request to refinance the development in connection to the tax-exempt economic development revenue bonds issued for the project.