Two on Overland Park council question need for tax incentives for Creative Planning spec office building project

A rendering of a concept for one of the original buildings on the site. Creative Planning has asked for a property tax abatement for a proposed office building.

With uncertainties about the future of office space in the news and budget difficulties looming, the Overland Park City Council reaffirmed its commitment to tax incentives Monday to help build an on-spec office building at Interstate 435 and Nall Avenue.

City council members voted 10-2 in favor of a 10-year, 25% property tax abatement and economic development bonds for construction-related sales tax. The majority said they were taking a long view and that improvements on the now-vacant lot will ultimately bring in more in property taxes than if the lot remained in grass for the next ten years.