Wednesday, December 06, 2017
CELEBRATE!!! DOWNTOWN KANSAS CITY CONVENTION HOTEL ANNOUNCES GROUNDBREAKING FOR THE THIRD TIME!!!
Developer Mike Burke & Company are hoping to get lucky on their announcement this time around despite persistent questions about financial deets from from a coalition of Council members.
Remember . . .
Developers promised a groundbreaking in the Spring of this year.
Then they pushed the date back to June.
WILL THIS THIRD GROUNDBREAKING ANNOUNCEMENT PROVE TO BE A CHARM FOR AN EMBATTLED PROJECT THAT HAS OFFERED MORE PROMISES THAN FINANCIAL DEETS?!?!
Consider . . .
- Bond companies tend to shy away from the kind of controversy that has surrounded this project.
- Amid so many delays, there have been other more successful hotels built in and around Downtown so the need for space isn't as desperate as it was years ago . . .
- Wayback Wednesday: Anybody Remember The Vista??? That didn't work out either . . .
Either way, here's a collection of links on the topic of yet another real estate project dominating the discussion at City Hall at Kansas City still copes with an inordinately high murder count at the conclusion of this year . . .
KCMO: Convention center hotel set to break ground in January 2018
Northeast News: $42 million in taxpayer money. That’s the city’s ante in the newly revived downtown convention hotel project, being pushed by developer Mike Burke at the behest of Mayor Sly James and his tax and spend City Council.
Downtown Council: The $322 venture will feature an upscale restaurant, bar and lounge areas as well as associated retail. There also will be a two-story meeting space above three levels of parking, with an elevated walkway over Wyandotte Street that connects the hotel with the Bartle Hall Convention Center. The City of Kansas City, Missouri, is committed to this investment since it is expected to significantly increase economic development, in turn benefiting the entire city.
Developing . . .