Kansas invests millions in Barbie and Hot Wheels theme park via STAR bond
TL;DR
Kansas is investing in a $540 million Mattel Adventure Park in Bonner Springs, funded largely through STAR bonds, which are loans paid back with future sales tax revenue. The project aims to boost local property values and attract visitors, but raises concerns about the state's future financial commitments and the effectiveness of sales tax incentives amid increasing online shopping. Construction could start in 2027, with opening planned for 2031.
Topics:nationlocal-government-and-development#kansas#local-government-and-development#mattel-adventure-park#star-bonds#tax-incentives#theme-park
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