Development agreement

Washington Square Park/Crown Center area, Kansas City, MO

ReferredKansas City, KS
5/ 5
Prime signal
Bedrock impact score
Action type
Development agreement
Asset class
Multi-asset · site-wide
Status
Referred
Filed
2026-08-06
Jurisdiction
Kansas City, KS
Days on record
23 days
01Investment highlights

Why this deal matters

  • Development agreement in Kansas City, KS
  • Bedrock impact score 5 of 5 — Prime signal
  • A $20M city bond commitment anchoring a major new stadium campus in Crown Center signals a large-scale, publicly-backed mixed-use catalyst that will reshape land values, entitlement timelines, and development competition across the entire surrounding submarket.
  • On the municipal record 23 days (filed 2026-08-06)
02Deal summary

The rationale

A $20M city bond commitment anchoring a major new stadium campus in Crown Center signals a large-scale, publicly-backed mixed-use catalyst that will reshape land values, entitlement timelines, and development competition across the entire surrounding submarket.

Kansas City ordinance authorizing the City Manager to execute a suite of agreements (lease, non-relocation, development, community impact, and funding) with the Kansas City Royals for design, construction, and operation of a new stadium, team offices, and supporting infrastructure in the Washington Square Park/Crown Center area, backed by $20M in Special Obligation Downtown Stadium Bond proceeds.

03Deal facts

The filing record

Jurisdiction
Kansas City, KS
Action type
Development agreement
Asset class
Multi-asset · site-wide
File number
#260704
Applicant
Kansas City Royals
Status
Referred
Filed
2026-08-06
Days on record
23 days
04Location

Where this sits

Approximate — centered on the jurisdiction (no exact street address on file).Esri World Imagery
Washington Square Park/Crown Center area, Kansas City, MO
39.12250, -94.74180 · approximate (jurisdiction center)
Area demographics

Wyandotte County

165,447
Population
$48,093
Median HH income
60,400
Households
$647
Median rent
U.S. Census · ACS 5-year
Nearby amenities

Within ~1 mile

20 Transit
9 Schools
20 Dining
3 Grocery
6 Banks
Points of interest · Google Places
05Record timeline

Filing to current status

  1. Filed with jurisdiction
    2026-08-06
    23 days on record
  2. Scored by Bedrock
    Relevance 5 / 5
    Automated land-use signal
  3. Current status
    Referred
    Live municipal record
Similar properties

More in Kansas City, KS