Burns & McDonnell won approval for its $139.5 million headquarters expansion project from the Kansas City Council a day after the unanimous endorsement of the council’s economic development committee.
The first phase calls for construction of a 316,000-square-foot, four-story office building and 885-space garage on a 17-acre site now occupied by a former synagogue. The first phase is scheduled to be completed in 2016.
A later phase calls for a 150,000-square-foot building and 668-space garage. To assist the development, the council approved an incentive package that includes $41.9 million in tax increment financing assistance over 23 years and a Chapter 100 bond that will save the company $41.8 million in property taxes over 25 years.