October 26, 2018 Comments Off on Plans Emerge for $300M Kansas City MXU Redev Views: 3106 Kansas, Midwest, National News

Plans Emerge for $300M Kansas City MXU Redev

Salt Lake City-based Woodbury Corporation is buying a 100-acre site, formerly home to the Great Mall of the Great Plains in Olathe, KS, and plans to redevelop it as a $300-million mixed-use property named Mentum. The proposed project at Interstate 35 and 151st Street would include about 250,000 square feet of entertainment, retail and restaurants, and 200,000 square feet of office and medical office space.

Plans also include roughly 300 multifamily units and two hotels. Final plans could encompass number of entertainment-focused anchors, including an interactive golf facility, a cinema complex and a fitness center.

Mentum will also feature a 4,000-seat arena and a community ice center for youth hockey, which will be operated by an affiliate of Lamar Hunt, Jr.’s Loretto Sports Ventures, LLC.

The Olathe Planning Commission unanimously passed a resolution indicating the preliminary plans are consistent with the city’s Comprehensive Plan, a requirement if the developer plans to apply for state STAR bond financing.

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