Lenexa sets hearing on proposed public financing package for Lenexa Point Shopping Center improvements

Lenexa Point Shopping Center

The property owners of the Lenexa Point Shopping Center at the northwest corner of West 87th Street Parkway and Maurer Road are asking for public finance incentives to help pay for improvements to the buildings.

The owners — HB Building LLC, Penn Properties Holding LLC and Knewtson Properties LLC — have petitioned the city to establish a Community Improvement District, which would levy a 1% sales tax on retail sales within the CID area (about 14 acres) for a term of 22 years.