City of Manhattan

Photo Courtesy of City of Manhattan

The Manhattan City Commission voted 5–0 to approve a Resolution of Intent supporting the Kansas State University Foundation as they advance proposed improvements, amenities, and continued development of the EDGE District along the Kimball Avenue corridor.

The KSU Foundation has identified proposed improvements improvements to the Bilbrey Family Event Center and K‑State Indoor Track facility to allow for more visitors and events,  along with Champions Gate – a vibrant, year‑round, multi‑use development—with residential, hospitality, dining, entertainment, and green space—planned on a 15.71‑acre parcel located within the EDGE District across from the west parking lot of the K-State from football stadium.

To help advance these proposed improvements, the KSU Foundation is exploring several economic development tools available in the State of Kansas that can help finance eligible costs using new (“incremental”) revenue generated by the project area over time, rather than requesting City funding. The City Commission’s resolution specifically acknowledges that the KSU Foundation may explore a combination of STAR Bonds, Tax Increment Financing (TIF), a Community Improvement Districts (CID), and sales tax exemption on construction materials.

What the resolution does (and does not) do
The adopted resolution is non-binding and does not obligate the City or the governing body to any future actions related to the project or use of potential development tools. Instead, it signals support for continued advancement of the concept, authorizes City staff to engage with the Foundation and others, and indicates the Commission’s willingness to consider use of the proposed financing tools at a future date. 

To learn about the project and see the resolution of intent, click here to view the staff memo.