At its last meeting, the board directed legal staff to compile a document comparing the offers it received for the property prior to a June 20 deadline. At the time, the highest offer was for approximately $4 million from RED Development. Two other development firms, LANE4 and Price Brothers, had submitted letters of intent to put in bids for the property, but, according to the Kansas City Star, Price Brothers has since withdrawn its offer. The district has not released information on how many formal offers it received for the properties prior to the deadline.
Prairie Village Assistant City Administrator Dennis Enslinger told shawneemissionpost.com last week that the city will be putting out a request for proposal seekings consultants to conduct a formal planning process for the Mission Valley site. The planning process would take three to six months, and a buyer for the site would unlikely be able to secure necessary rezoning to start development prior to its completion.