TKC BREAKING AND EXCLUSIVE NEWS!!! KANSAS CITY PUBLIC SCHOOLS FAILING TO REPURPOSE MIDTOWN BLIGHT BUILDINGS!!!
And this is the way the KCPS has broken more promises to find alternative uses for schools they abandoned . . .
THANKS TO THIS AWESOME TKC TIPSTERS FOR DETAILS ABOUT REPURPOSING GONE WRONG IN MIDTOWN KANSAS CITY!!! CHECK THE DEETS!!!
"Basically the Westport High and Middle School proposals appear dead in the water. It's been six months since the August 2012 public hearing. and KCPS and the two developers (KC Sustainable Development Parnters and Foutsch) are playing games about scheduling a new hearing"
"The next hearing was supposed to be Jan. 12 but got cancelled the afternoon of the district's last business day of 2012 allegedly because of "fiscal cliff" new market tax policy uncertainty. Then it was supposed to "mid-February" and two weeks ago it was "no later than the second week of March". (TKC NOTE: The next hearing is scheduled for April 6th but no confirmation from both parties on that)"
NOW CHECK EXCLUSIVE DEETS OF REAL SCALING BACK OF THE REPURPOSING HOT MESS . . .
"KC Sustainable Partners (BNIM) has said they are scaling back their proposal from $78 million to $40 million, but they haven't provided details . . . A growing number of homeowners fear that they will bail on their proposal like they did on Bryant school or bring in another developer with a mixed record like Dalmark like they did at Swinney. Overall, they may be overextended given that have a lot of their plate like Westport Presbyterian rebuild, Bancroft school etc. Foutsch seems just willing to sit it out and won't press the issue."
As always . . . There's more than enough blame to go around:
"The district is also the other source of delay. Their excuses seem to range from federal funding, the sequester etc. Also, some on the school board do not like KC Sustainable Partners idea of having a private or charter school as part of their plan."
And of course biz concerns are coming into play . . .
"Block Real Estate, the brokerage that has a virtual monopoly on closed school listings, may be focused on moving along those school repurposings plans where they are likely to get the quickest and highest commission rates, which goes up to 8-10% on the smaller schools and is only 5% for the bigger ones. See attached contract from KCPS. "
Most important of all . . .
"Every month these two buildings are idle costs taxpayers the equivalent of three teacher salaries in upkeep..."