Tuesday, December 15, 2009

Lane 4 Developers Take Over Management Of Empty Merriam KS Strip Mall



I
should have said that strip mall was VIRTUALLY empty- as the K.C. BUSINESS JOURNAL story said there had been "a temporary lease by a Halloween store" at the deserted strip mall that was issued a TIF (corporate welfare) by Merriam elected officials.




Lane 4- the outfit that bailed on the old Bannister Mall development in south KC-MO- will take over the responsibility of getting retail tenants into that strip mall that was built with taxpayer welfare but has since sat empty (except for that temporary Halloween store).


Merriam has leveled 161 homes- 300 apartments and 5 retail businesses to build- with TIFs- 2 under-performing retail strip centers on each side of I-35 at Johnson Drive.

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