That $5M 'grant' for Two Light? It's actually part of a settlement

What has been referred to as a $5 million city “grant” supporting construction of The Cordish Co.’s second apartment tower on the south side of the Kansas City Power & Light District is partly a “settlement,” as well.

Cordish, the Baltimore-based developer of the downtown entertainment district, announced April 9 that because of the rapid lease-up of its One Light tower under construction at 13th and Walnut streets, it plans to start a second 24-story tower next year at Truman Road and Grand…