Monday, January 28, 2019

Kansas City East Crossroads Biz Plan: Will Keystone Innovation District Work?!?!?



Here's a taxpayer backed scheme that has already earned $900K directly from taxpayers and will likely garner more City Hall funds based on sketches and good intentions . . .

Stolen from a lesser developer backed blog in order to make REAL NEWS out of hype:

"The Keystone Innovation District proposal took its first concrete step recently when backers signed a "pre-development" agreement for the planned site of the $90 million plus endeavor at 18th and Troost. A development entity established by J.E. Dunn Construction reached the agreement with the Kansas City Area Transportation Authority, which owns the block targeted for the proposed education, research and entrepreneurial center."

And so we ask . . .

IF THIS KANSAS CITY EAST CROSSROADS BIZ BRIDGE SUCH A GREAT IDEA, WHY CAN'T THEY FIND PRIVATE INVESTMENT?!?

You decide . . .

10 comments:

Anonymous said...

Handouts are much easier and more fun!

Anonymous said...


Because it's not a good idea, the only person that will make out good on this is JE Dunn.

Anonymous said...

^^Yea, blah blah blah. I don't know shit about development and finance and municipal planning, and taxes, but I don't like it! hrumpf hrumpf hrumpf.

Anonymous said...

^^^Is the nurse late with your meds today?

Anonymous said...

KCMO: Why don't we tax the shit out of everyone as much as we can and have no quality of life improvements to show for it

Five months later

KCMO: WHY ARE THE SUBURBS GROWING 10 TIMES FASTER THAN KCMO!?!

Anonymous said...

8:26: Thanks for your predictable response, Chris. It's always a treat to read your cogent, well-presented cases for taxpayer subsidized everything except infrastructure maintenance.

Anonymous said...

^^Thanks for your diaper load geezer. It's never a treat to hear from bitter, broken, busted geezers. What else do you need to cry about?

Anonymous said...

^^^^Aren't you late for your John Knox Village diaper pickup?

Anonymous said...

I wish the KCATA would focus on bus transit and not divert money and energy into eco devo projects like this one or the one proposed for 3rd & grand. Bus transit is important enough to command the board and leadership’s full attention. This leads to too much rent-seeking behavior and money diverted from buses. We see them e.g. giving a million dollars for toy train extension which could buy a bus and pay gas maintenance and labor for a whole new route or adding to frequency of an existing route.

Thanks,
Radish

Anonymous said...

targeted for the proposed education, research and entrepreneurial center."

No wonder KC is having problems with this.