The Wichita City Council will hold a public hearing Tuesday to consider a proposal for STAR bond financing for the Bowllagio mixed-used entertainment district in west Wichita.
The development is seeking $13 million in STAR bonds.
The 40-acre area on West Kellogg on both sides of Maize Road would be known as the Bowllagio Star Bond Project District, according to a memo prepared for the council by the city’s Office of Urban Development.
Developer Jay Maxwell has proposed to the council that the district include a world-class bowling alley and training facility and a museum dedicated to the history of bowling. Other aspects of the plan would be a restaurant, bar and hotel.
Maxwell says he has secured an agreement with Atlanta-based NYLO Hotels to build a boutique hotel on the site.
The council already took the first step toward possible approval of the STAR bonds at its May 4 meeting by setting up the hearing.
In its memo, the office of urban development recommended that following Tuesday’s hearing, the council should schedule a vote on whether to move forward with approval of the development for STAR bonds. The Kansas Secretary of Commerce also has to sign off on the project before the bonds can be finalized.
The hearing, set for 9:30 a.m. Tuesday, will be a part of the council’s regular meeting, which starts at 9 a.m. in the city council chambers at 455 N. Main.
The state has established STAR bonds, or sales tax and revenue bonds, for special economic development projects throughout the state.
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