Growth That Is Good for Parkville
The Creekside Development project is imperative for the sustainable growth of Parkville and for the city’s future. The project includes residential, mixed-use residential, commercial and industrial developments on nearly 300 acres of vacant land at the intersection of Interstate 435 and Missouri 45.
The facts of the project are clear and the benefits are real. The Mayor and the Board of Aldermen are entrusted with ensuring Parkville continues to move forward. As stewards of the city’s master plan developed in 2009, they have an obligation to bring this vision to life. The Creekside Development meets and exceeds each aspect of that plan.
The project development will feature:
215 single-family homes
184,700 square feet of restaurant and retail space
38,000 square feet of public green space with walking trails
Six tournament-quality youth baseball fields
4 hotels, each operated by a reputable hotel brand
29 industrial lots
The Creekside development will be configured into five sections:
The Meadows at Creekside on the southeast corner includes single-family homes, townhomes and apartments.
Old Town at Creekside on the southeast corner includes a hotel, apartments, retail and restaurant space as well as public green space.
Creekside Commons on the northwest corner includes three hotels, retail and restaurant space, apartments, office space and the baseball fields.
The Woods at Creekside/Creekside Village on the northwest corner includes single-family homes and townhomes.
Creekside Industrial on the southwest corner includes 29 industrial lots.
Creekside will be home to six innovatively designed competitive baseball fields. The infields utilize turf while the outfields feature pristine greens. All fields have adjustable base paths and fencing to allow for all age groups. The baseball complex will bring first-class traveling youth baseball clubs and their families to Parkville for multiple-day trips.
The baseball fields will be modeled after a development in Westfield, Indiana, called Grand Park Sports Campus. We encourage you to visit www.grandpark.org to see a similar project firsthand.
This project is money well spent. The city of Parkville will benefit greatly from the development. The total investment for the project is $335 million. The development team is investing more than $300 million in Creekside and in Parkville’s future. They are taking the risk, not the city or its taxpayers.
There will be no upfront costs to the city or taxing jurisdictions, and no city-backed bonds will be used for this development. The project will relieve a $430,000 annual burden on the city – currently Parkville is obligated to pay $430,000 per year for Neighborhood Improvement District bonds on the 70 acres of land in the southeast corner.
Park Hill schools will receive a net benefit of more than $4 million for the incentive investment.
The City of Parkville and Platte County will receive more than $550,000 ($1.1 million total) in new sales tax revenues annually during the TIF term. All in all, the city and other local taxing jurisdictions will receive more than $6.9 million annually in property, sales and hotel occupancy taxes after the TIF term.
The Creekside Development project will bring jobs to Parkville. More than 4,000 construction jobs years, will be created, as well as 750 permanent jobs.
Your Local Creekside Development Team
The Creekside project is being led by Parkville Development, a group of local developers who call Parkville and the Northland home. They live here and love Parkville as much as you do.
Brian Mertz, a longtime developer, is a Platte County native. He is actively involved in the community, and helps coach youth sports.