Thursday, February 15, 2018

Another Fake Downtown Kansas City Convention Hotel Groundbreaking?!?!



While the developers earned their $30-MILLION up front and tax breaks from City Hall . . . Skepticism is important given that this hotel has already announced and MISSED a groundbreaking THREE TIMES PREVIOUSLY.

The latest date . . .

"A ceremonial groundbreaking for the new Loews Kansas City Convention Center Hotel is scheduled for March 1, and if all goes well, the “four-star plus” hotel should be completed by late April 2020."

You decide . . .

12 comments:

Anonymous said...

the word "ceremonial" has me concerned.

Anonymous said...

What direction are interest rates heading? They will never get this financed. This is the definition of junk bonds.

Anonymous said...

The words "if all goes well" should have everyone concerned.
Another financial sucking chest wound for KCMO.
The hits just keep on coming!

Anonymous said...

we need this hotel to attract amazon.

Retro ROCKER said...

Bad timing for a hotel 6:59 is correct. And there will be many more hurdles. That is why they postponed the ground breaking many times. They are waiting to see if conditions get worse. And by March it may be a go,or no go.

Anonymous said...

We need this hotel to attract a new airport, or something like that.

Anonymous said...

^^^ +1

Somebody please post when the figure out a profit model for this sucker.

Anonymous said...

This hotel is place number 3 none of you geezers will ever go to.

Anonymous said...

More welfare for millionaires/billionaires. We have to give Burke and the developers of this hotel $35 million in cash plus a shit ton of TIFs and tax breaks to the tune of KC tax payers financing HALF of this thing. Yet what do we get in return? Nothing but a continuing culture of city government corruption. While S'lie, Burke, J.E. Dunn and the rest of the financial vampires suckling at the money teat laugh all the way to the bank.

S'lie said that pigs are bellying up to the billion dollar trough when discussion the airport. He would know because he's one of them.

#KorruptCity

Anonymous said...

I've never seen a more uninformed group of "experts". The financing for the project was completed a few weeks ago. That is why there is ALREADY work underway at the site. The reason the groundbreaking is "ceremonial" is because they've already started work. But please, keep up the idiotic commentary. It is very funny to read.

And before you say..."and yet, you're here reading"...yes I am, because it is better than some INTENTIONAL comedy I've seen. You guys are a riot

Anonymous said...

^^Amen. +10000! This blog is a worthless repository for the dumbest bunch of geezers in the city.

Anonymous said...

Celebrate!!!! See you there Tony, along with the single airport terminal groundbreaking and the streetcar expansion groundbreaking. Go tell your mom what a great influencer you are, while hiding out in her basement.