Economic development projects are the focus of Korb Maxwell’s practice. He has negotiated, secured approval of, and documented hundreds of millions of dollars in incentives for his clients’ projects in every asset class of real estate.
Korb’s area of concentration is on large-scale development and employment projects that utilize complex federal, state, and municipal development incentives. His experience in working with municipalities and states in structuring and implementing incentive packages provides him with insight and practical experience that benefit clients’ real estate, economic development or employment projects.
Korb has significant experience with:
- STAR Bonds
- Tax increment financing
- Transportation development districts
- Community improvement districts
- Special benefit districts
- Neighborhood revitalization areas
- Real and personal property tax exemptions
- Numerous federal and state tax credit programs
He often appears before municipal governing bodies, on behalf of his development clients, in jurisdictions throughout the Midwest.
Korb also regularly represents landowners, developers, and business entities before municipalities in zoning and development plan approvals. He has shepherded millions of square feet of development projects though the “right-to-build” process in Kansas and Missouri. Through his development work, Korb has gained practical experience in all aspects of real estate transactions, including purchase and sale agreements, title review, leases, lending and bond documentation, easements, and restrictive covenants.
His extensive interaction with government and the political process has provided him broad connections throughout local, state, and the federal government that allow him to secure results for development, corporate, and government affairs clients at all levels of government.
Korb put his experience to work in the public policy arena by drafting recently approved major pieces of Kansas legislation, including the Kansas Economic Growth Act (Kansas Bioscience Authority enabling legislation), the Community Improvement District Act, and advising policymakers on STAR Bond and employment incentives amendments.