Kansas Department of Commerce
TOPEKA – Lieutenant Governor and Secretary of Commerce David Toland today published the boundaries for the Kansas City Chiefs STAR Bonds District, as authorized by K.S.A. 12-17, 160 et. al.
The STAR Bond district will collect new sales tax revenues to finance the construction of the $3 billion state-of-the-art domed stadium in Wyandotte County, the Chiefs headquarters and training facility in Olathe and portions of the surrounding mixed-used development.
The district represents a diverse revenue stream that includes the cities of Kansas City, Bonner Springs, Edwardsville, Shawnee, Lenexa and Olathe. The map was designed around clear goals shared by the Administration and the Legislature:
- Maximize the economic impact of the project
- Pay the bonds off as early as possible so those revenues can be directed to the State and participating local communities
This map determines the area from which the State will pledge incremental State sales-tax revenues that currently do not exist. It does not affect any pledge of local revenues.
Three geographic areas are specifically excluded from the district: The University of Kansas Medical Center complex and the area immediately surrounding it, a portion of the City of Shawnee that is predominantly vacant, and existing STAR Bond districts.
“Establishing the district boundaries moves us one step closer to building the Chiefs’ new state-of-the art domed stadium in Kansas,” Lieutenant Governor and Secretary of Commerce David Toland said. “This is a once-in-a-generation economic opportunity for Kansas and we will ensure that all Kansans enjoy the benefits of this new stadium for many, many years to come.”
The $4 billion project, which includes $1 billion of mixed-use development, will be financed through a public-private partnership. The public portion is funded through the STAR Bonds as well as the Attracting Professional Sports to Kansas Fund – established for this purpose – to ensure there will be no new state taxes and no impact on the state budget.
Once fully operational, the Chiefs project will create more than 4,000 new permanent jobs and generate $1 billion in annual economic impact.
The Chiefs will begin playing in the new stadium, which will be owned by the people of Kansas and leased to the team, in 2031. The newly appointed Kansas Sports Facilities Authority will oversee the new stadium and practice facility. By statute, the 11-member Authority will oversee the construction, financing and management of the sports facilities and associated infrastructure.