Economic Development Incentives -Press Conference

This press conference held by the City of Kansas City on March 23, 2026, focused on the announcement of new economic development incentives aimed at ensuring prevailing wages on major construction and development projects across the city. City officials emphasized the importance of consistent wage standards across all agencies, including the Port Authority, Chapter 353, TIF Commission, and PIEA, to support local workers and promote fair pay. The initiative also includes commitments to minority and women-owned business enterprises (MBE/WBE) participation and affordable housing set-asides, with a goal of fostering equitable economic growth and workforce development. Speakers highlighted that these measures are expected to encourage continued development by providing clear and fair labor standards, rather than deterring investment. The policy sets a tone for future projects to prioritize living wages and workforce representation, positioning Kansas City as a model for labor standards in economic development.