Gateway Sports Village Gets TIF Commission Approval Vote

May 27, 2016News

Gateway Sports Village Update:

Gateway entrance

 

The Grandview Tax Increment Financing Commission on Wednesday voted 9-1 to recommend approval of $61 million in TIF for the $300 million youth sports-anchored mixed-use development.

With the Grandview Board of Aldermen approval, the TIF will become part of a $78 million public support package for the $234 million portion of Gateway Sports Village.

The development plans include calls for 14 lighted artificial-turf soccer fields; an 86,000-square-foot fieldhouse; three hotels with a total of 540 rooms; and 334,000 square feet of mixed-use space, including 21,000 square feet of restaurants.