Friday, January 26, 2018

Kangaroo Scheme At Risk: UMKC Downtown Kansas City Arts Campus Funding FAIL

Sketchy plans for Downtown Kansas City are now falling apart despite a great deal of hype about the financial benefit of the "creative class" on the local economy. Here's the latest scheme that's falling apart signalling overall weakness in so many nearby real estate ambitions:

UMKC Downtown Arts Campus On Brink Of Collapse After Losing Key Funding

In a major setback to downtown's cultural ambitions, the planned UMKC Downtown Conservatory has suffered a fatal financial blow, losing a $20 million private pledge essential to building the project. First reported by CityScene KC , the Muriel McBrien Kauffman Foundation has withdrawn its $20 million pledge after deciding the ambitious project as originally planned was no longer viable.

11 Comments:

Anonymous said...

Now there's no reason to extend the streetcar down to Brookside/UMKC main campus. The streetcar was going to be a free shuttle for UMKC students to go back and forth between campus locations.

Anonymous said...

Someone has actually decided to withdraw funding because a project "wasn't viable"?
Please have these folks go talk with Sly and the gang and explain that "projects" have to be financially sustainable to be serious.
A whole new concept at 12th and Oak!

Anonymous said...

Those douche bag art students will blame Trump.

Anonymous said...

^^^Yep. As well they should. That fucking idiot is responsible for all that awful shit in this country.

Anonymous said...

Actually it was the douche in Jefferson City that pulled $48 million (which has conveniently disappeared completely) in funding that was set aside for this project before he took office!

This State can't be rid of that asswipe soon enough!

Anonymous said...

Arts Campus ? Do they include classes on EBT card, section 8 housing and student loan forgiveness schemes ? How about expanding the computer science and business schools ?

Anonymous said...

5:22 That would be racist.

Anonymous said...

It is anti gay to renege on a promise to fund this

Anonymous said...

It's not your money. The governor chose roads and safety. Most of us applaud him for that......too bad he cheats on his wife though.

Anonymous said...

A bad idea. It's good that people are showing some financial sanity here and refuse to sign on to this nonsense!

Anonymous said...

Don’t we spend enough on these little snowflake faggots already?