Mission Gateway late taxes have now been paid, but when will construction resume?
Mission Gateway’s taxes have been paid, saving the development deal for the long-awaited project, at least for now.
More than $ 350,000 in overdue state taxes for the development of Johnson Drive and Roe Boulevard are now fully paid, according to the lead developer and Johnson County records.
Lori Sand, the county’s senior public information official, confirmed to the Shawnee Mission Post that taxes on all packages owned by Aryeh Realty have been paid in full.
Johnson County Records, Available Online here, show that three separate payments were made on June 4.
The last roadblock
It emerged last month that developers did not pay annual property taxes by the May 10 deadline.
The overdue amount was $ 356,000. The overdue taxes threatened to scuttle the developers’ deal with the town of Mission, which warned it could withdraw the deal if taxes were not paid after 60 days.
This would have thrown the project, which has suffered more than 15 years of delay, into deeper turmoil.
Tom Valenti, lead developer of Mission Gateway with New York-based Cameron Group LLC, said the company had a “cash flow crunch” that delayed paying taxes.
Now Valenti says he hopes funding for the project – which is causing a delay in construction at the site – will be secured soon.
“I hope we have funding alternatives that will materialize soon and will be back in front of city council in the short term,” said Valenti. “I can’t give estimates on this until we have a little firmer commitment from our funding sources.”
When will construction resume?
Officials in the town of Mission have confirmed that a 60-day deadline they gave Valenti to pay overdue taxes has now ended after the June 4 payments.
For his part, Valenti drew a football analogy when asked to comment on the Shawnee Mission Post this week following the late tax payment.
He said there had been too many times Mission Gateway was on the “one yard line, but he never seemed to reach the end zone.”
The project has been hampered by broken promises and delays for more than 15 years, to the growing frustration of residents and city officials.
Still, Valenti declined to comment on details of future funding alternatives.
Construction has been on hold for over a year now, in part due to closures linked to the pandemic and work on the site remains suspended.
Valenti also did not offer an estimated time frame for resumption of work, but said it was committed to completing Mission Gateway.
“We are committed to this project,” said Valenti. “We are committed to completing it. We’ve been on this for a long time and we won’t be leaving. “
Cameron Group LLC purchased the site of the former Mission Center mall at the confluence of Johnson Drive, Roe Boulevard and Shawnee Mission Parkway in the early 2000s.
Developers have been submitting plan after plan for two decades, but no project has been completed at the site since the mall was demolished in 2005.
Currently, an unfinished carcass of a building that is ultimately intended to house a large entertainment complex (based on current plans) sits on the vacant site.