SPRINGFIELD, Mo. – Slowly but surely is the name of the game for the city’s largest new development project in years.
Olive Garden building 2nd SGF location by new Target
The large tract of land at W. Sunshine St. and West Bypass has been cleared and the dirt has been turned. The acreage will soon be home to Sunshine Towne Center, a retail district anchored by the city’s second Target store.
A year and a half after OzarksFirst confirmed the retailer was moving in, crews are busy installing infrastructure like streets and stormwater tunnels. The site improvements will eventually be paid for with a special sales tax applied to Sunshine Towne Center. The additional 1% tax (in addition to existing city, county, and state sales taxes) will be collected on purchases made at outlying businesses in the center. Target itself will be exempt from the added tax. As spelled out in the Community Improvement District plan approved by City Council earlier this year, the funding would reimburse the developer for the costs related to the infrastructure.