Lee’s Summit City Council approves more apartments at New Longview
April 9, 2014
Russ Pulley
Lee's Summit Journal
http://www.lsjournal.com/2014/04/09/...-approves.html
" The Residences at New Longview won solid support from the Lee’s Summit City Council which approved the $35 million project without dissent.
The council voted 7-0 April 3, with David Mosby absent, for the project’s preliminary development plan and for a Chapter 100 plan that will dictate the amount of taxes paid by the project for the next 11 years.
NorthPoint Development plans to build 309 luxury apartment units, in seven, four-story buildings of Craftsman style architecture, with stone and lap siding just east of Metropolitan Community College-Longview and south of existing apartments.
“The quality is the highest quality we see here in the Kansas City area, or across the nation,” said Mark Pomerenke, vice president of operations for NorthPoint Development.
Under the financial agreement with Lee’s Summit and NorthPoint Development, the city would technically own the project for 11 years and issue bonds for construction, with NorthPoint Development making “payments in lieu of taxes.” "
