State Awards Union Station $2.25 Million In Tax Credits

Kansas City's General Services Administration office will move from the city's southern edge to Two Pershing Square, next to Union Station. | Photo courtesy of Creative Commons
Union Station plans to build a new bridge and make other upgrades to provide easier access to attractions inside the station. | Photo courtesy of Creative Commons

Union Station in Kansas City will receive $2.25 million in state tax credits that officials hope will spur donations to a major improvement project for the facility.

The credits, which had been under review by the Missouri Development Finance Board for more than a year, allow people contributing to approved projects to deduct 50 percent of the donations from their state taxes.

Donations to Union Station will be used to build a vehicular and pedestrian bridge outside the station and upgrade the building to provide easier access to attractions inside Union Station. Officials hope to complete the projects within three years.

“This is a major commitment by the state of Missouri,” Union Station CEO George Guastello said of the tax credits. “It’s a very big day for Union Station.”

Read more from the Kansas City Star


Tags:, , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students