Monday, February 17, 2020

Downtown Kansas City Convention Hotel Busts Budget But Touts New Jobs

Let's not forget . . .

"The city is staring at a $4.4 million shortfall because of a combination of a 2015 deal that awarded millions in payments and incentives to the 800-room convention center hotel and an agreement on catering fees for the city's convention center.

Meanwhile, here's a look at damage control and an upcoming hiring fair carried dutifully by a local news outlets . . .

New Loews Kansas City hotel to create more than 350 local jobs

KANSAS CITY, MO (KCTV) -- A news 800-room hotel opening soon in Kansas City will host a three-day grand hire event starting Wednesday. Loews Kansas City Hotel plans to hire approximately 350 new team members from the community. It is slated to open April 2, 2020.

22 comments:

Anonymous said...

What amount of additional earnings taxes will the new jobs create?

Assuming everyone at the hotel makes minimum wage, the annual payroll would amount to about $7,000,000 and a 1% earnings tax would generate about 70K in additional annual revenue for the city. This is a very conservative estimate.

Anonymous said...

looks pretty.

Anonymous said...

How many of those new employees that are paid more than minimum wage will actually live in KCMO? Probably zero. More jobs for JoCo subsidized by KCMO taxpayers!

Anonymous said...

The new hotel will need millions every year to just barely operate.

Anonymous said...

the hotel is key to getting to critical mass in the cbd.

it will create an energy for all of downtown.

Anonymous said...

Let's see... the $35 million the City has already poured into this turkey comes to about $100,000 per job, and the $4 million the City is on the hook for over each of the next 20 years adds $228,500 to that for each job.

Couldn't we have just held a lottery and awarded $150,000 to each of 350 winners? That would have saved the City several million.

Anonymous said...

1986-89: Consultants told city leaders that in order to support the convention center Kansas City needed a new hotel. The Vista International Hotel opened in 1985, but it quickly ran into trouble. According to The Pitch:

Called the "Miracle on 12th Street," the 22-story hotel was expected to revive the city's dying center. But within 18 months, its owners were contemplating bankruptcy.

Anonymous said...

^^^^There's all the prove you need people about this scam the city sold you.

Anonymous said...


NO they will work on a skeleton crew because KC doesn't have that many conventions or tourists to fill the place. So 350 jobs is a bit extreme kinds like the 25 million tourists.

Betsy Ross said...

Most hotel jobs are so badly paid that the hotels want H2B visa holders (that is, seasonal migrant workers) to work them so they don't have to pay even their Social Security. See jobsforeigners.com/h2b-visa-jobs-foreigners-want

Anonymous said...


Like a "drunken" sailor....no offense NAVY...

Anonymous said...

When was the last time facts about workers hired or visitors to this town were ever the correct numbers? This is the same group that tries to sell you on the fact that millions ride the streetcar. They sold you on the Go Bond and it did what? Remember all the good it was going to do? Has anyone seen this so called good?

Anonymous said...

IF the numbers are correct then the Loews Hotel will operate with the city paying the wages of each worker they hire for the duration of the incentive package. Well over $10000 per year per job created. Not Cool!

J.Q, Hammons said...

If the new hotel runs one of the older hotels out of business what is the added gain to the city except an old falling down hotel that isn't maintained and squatters live in during the winter until they burn it down.

Anonymous said...

Most of the people who worked on construction of the hotel were not residents of Kansas city, so there was no ripple in the "Kansas City" economy. This lessens the so called economic development impact for Kansas City. The same scenario can and will be said for the persons employed by the hotel. It is foolish to build a hotel using so much of Kansas City taxpayer money just for the 1% earnings tax return.

Charlie Finley said...

"This is a horse shit town and nobody will ever do any good here."

Anonymous said...

Same old prediction for 60 years.

Anonymous said...

Anyone who works in KC pays the earnings tax, regardless of where you live.

Anonymous said...

^^Thanks for telling us what we already knew Einstein.

Anonymous said...

And meanwhile the Hotels we already have in Downtown struggle to achieve a 40% Occupancy Rate, the bare minimum to stay open.

Anonymous said...

Wow a butt load if $9 a hour jobs. That, an EDT card, free bus and a section 8 apartment and I's on my way.

Anonymous said...

Who was the financial genius on the council that figured out this would be a good investment?
Is the City planning on bringing back Rodney Burt to head this convention bureau?
computer link to his prison cell.
Maybe the council can defer road maintenance $ to fund the convention hotel shortfall???