City approves first tenant for Lawrence business park

LAWRENCE, Kansas (AP) – A city-owned business park in Lawrence will get its first tenant after the city commission approved an incentive package for a Menard Inc.’s manufacturing campus.

The commission on Tuesday night approved nearly $2.3 million in incentives for the operation, which will supply Menards retail stores in Kansas and Missouri. The campus is expected to employ 100 to 150 people.

The Lawrence Journal-World reports Lawrence VenturePark has been vacant for 15 months.

Menard plans to buy about 90 acres of the 220-acre park for about $750,000 and pay special assessments of just over $1 million.

Comments are closed.