RDA board to discuss incentive packages for potential travel plaza in west Emporia Featured

RDA board to discuss incentive packages for potential travel plaza in west Emporia Brown Stone 3 Development graphic

The Regional Development Association of East Central Kansas Board of Directors will look at incentive packages for a potential development in west Emporia as part of its monthly meeting Friday.


Board members will consider incentives including Community Improvement District and Tax Increment Financing for the travel plaza as proposed by Brown Stone 3 Development near the roundabout connecting US Highway 50 to Interstate 35 and the Kansas Turnpike. CIDs use retail sales taxes or special assessments to generate additional taxes and thus fund improvements. TIF financing, meanwhile, uses increases in real estate tax revenues and local sales tax revenues to retire bonds sold to fund redevelopment projects.

Brown Stone developers have started dirt work on the nearly 35-acre project, which may bring restaurants, hotels, an RV park and strip mall to the area just west of US Highway 50 and Graphic Arts. They have also gained the recommendation of the Emporia-Lyon County Metropolitan Area Planning Commission for a minor plat to adjust traffic flow from the roundabout into the plaza.

In other business, the board will discuss the RDA's 2022 budget request for the Emporia City Commission. At least one executive session is also planned.

The meeting is at 7 am at the Trusler Business Center.

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Last modified on Thursday, 08 April 2021 11:06