Thursday, February 16, 2017

Kansas City Sells Kemper Arena For $1

Another broken promise about keeping this place viable . . . Now, the plan is to make it into a mostly empty sports complex. Checkit: Kansas City Council sells Kemper Arena

10 Comments:

Anonymous said...

BREAKING!!!!

Foutch Brothers take possession of Kemper Arena for $1.00, decide to sell it for scrap metal and salvage, end up clearing $100k.

Anonymous said...

Great location for the National Negro Thug Museum.

Anonymous said...

Did we finish paying for the last round of improvements?

Anonymous said...

These guys have no money! The youth sports complex will never happen!! Thanks Sly!!! $1.00!!!!!!!

Mr. MODOT STOPLIGHTS said...

They need to have more Missouri Tigers basketball games there. Power and Light District Supporting MoDOT Mizzou Educated geniuses like me shouldn't have to go so far to watch games. And the local taxpayers should fund it just like they should a nice big fat pay raise for me.

If you have a problem with me: turnej1@centurylink.net is my email.

Anonymous said...

Maybe Trumps front company will build a 500 unit condo down there?

Anonymous said...

I didn't realize how high the price was. A dollar is huge. Was thinking maybe 75 or 80 cents... but a dollar? What will they do with all the excess funds?

Anonymous said...

Within two years and after all the tax credits and available subsidies have been exhausted and the desperate requests for just a little more public money because "we've come so far, but aren't quite there yet", have been turned down, this mess will once again become a disposal problem for the city.
It will be the Mission Mall of KCMO, but much much more expensive.
The concept is pie-in-the-sky and there's no where near enough private money.
Yet another grandiose scheme that will come a cropper.

Anonymous said...

@6:30AM - You're probably right. Look at what Populous (aka. HOK) did in the River Market. Cashed in a shit-ton of incentives to build their HQ there. Then when it came close for the incentives to run out they moved to the Plaza where they cashed in on MORE freebie incentives while their are growing financial issues at their old HQ that will likely leave the city (taxpayers) holding the bag....again.

Anonymous said...

Bullhorn Boy made quite a good deal on that sale didn't he. Is that dollar considered a win for the Mayor's office?