OLATHE, Kan. – On Monday the Olathe Planning Commission will review a revised site plan to create a new medical manufacturing facility at the Kansas Bioscience Park.
Prairie Village Base Medical Arts is seeking approval to build a 56,698-square-foot bioscience office and medical device manufacturing facility at 107th Street and South Valley Road.
The construction of a one-story manufacturing building will be the first phase of overall development on the 30-acre site.
According to city documents, the developer intends to create two additional buildings totaling more than 300,000 square feet to replace the nine small office buildings originally planned for this part of the business park.
If the commission approves the revised plan, it will advance to the Olathe City Council for final approval.
The developer is also requesting tax incentives to support the project. The city council will hold a public hearing on Tuesday, August 16 to consider issuing $30 million in industrial revenue bonds (IRB) for manufacturing facilities.
Artio Medis is asking for a 10-year, 55% property tax abatement in connection with the bond issuance.