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 First reported by CityScene KC , the Muriel McBrien Kauffman Foundation has withdrawn its $20 million pledge after deciding the ambitious project as originally planned was no longer viable.
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: