ICT21 developers seek IRBs for first speculative warehouse project

Developers bringing new commercial uses to a former oil refinery at 21st Street and I-135 will ask Wichita’s City Council on Tuesday for industrial revenue bonds to build a new speculative industrial warehouse.

A development group called ict21, made up of Ron Cornejo, Marty Cornejo, Mattew Polzin and Morgan Koon, will request up to $12.6 million in IRBs for the construction of a new 180,00 square-foot warehouse at the site, city documents say.

The IRBs are in relation to the city’s spec warehouse…

Source: Arizona Business Journal