Merriam Grand Marketplace is a transformative $102 million mixed-use development located just north of Shawnee Mission Parkway, on the site of the former Johnson County Library. This project is set to redefine the community's landscape with a blend of residential and retail.
Project Overview
- Location: Shawnee Mission Parkway, north to 62nd Terrace, between Ikea Way and Antioch.
- Total Investment: $102 million
- Development Team: Drake Development
Project Components
- Residential Units: Over 200 modern apartment units
- Restaurant(s): 1-2 sit down restaurants
- Grocery Store: Planned grocery store to serve the community
- Public Amenities: Green spaces and pedestrian pathways
Current Status
On May 7, 2025, the Merriam Planning Commission reviewed and recommended approval of the rezoning and development plan proposal, marking a significant step forward for the project. Discussions are ongoing with the Merriam City Council regarding potential financial incentives to support the development, including tax increment financing and property tax abatement.
A public hearing to consider the establishment of the CID is scheduled for Monday, June 16, 2025, at 7:00 PM during a Special City Council meeting. Certified mail will be sent to all property owners within the proposed CID area, and notices will be published in The Legal Record on May 20 and May 27, 2025.
Community Improvement District (CID)
To facilitate the development, the City of Merriam and Drake Development are proposing the establishment of a 1% Community Improvement District (CID) sales tax. The CID would encompass the Merriam Grand Marketplace and adjacent properties, excluding the new grocery store to prevent increased grocery costs for residents. The projected revenue from the CID is approximately $6.3 million over a 22-year period, which will be used to pay off general-obligation bonds issued by the City. Drake Development has agreed to guarantee $5 million of the projected CID revenue, with a payback clause if the minimum is not met.
Public Meetings
June 16, 2025: Special City Council Meeting – CID Public Hearing