Downtown Wichita Construction Boom Continues, KNSS Radio

 
 

KNSS Radio covered the Wichita City Council’s vote to approve $4 million in industrial revenue bonds for Groover Labs.

The full story:

The Wichita City Council on Tuesday approved $4 million in industrial revenue bonds for Groover Labs.  It's a non-profit maker space and event center, intended to spur startup companies.  Those bonds will help renovate the former Printing Inc. building, a 45,000 square foot structure on the southeast corner of Third Street North and St. Francis.

The council also approved a memorandum of understanding with Douglas Market Development, LLC for the development of the Kansas Health Science Center.  The $75 million complex will also include student housing, a culinary school and a hotel.  The project with create 324 new jobs, with an average wage of $55,000.  The city and developer will negotiate the development agreement, which will be presented to the council within 120 days.  This project is expected to begin next year and open by August 2022.

The council deferred until next week an amendment to a lease with King of Freight LLC, who will move into the former Gander Mountain building at Waterwalk.