For our evening readers we share this reality check that provides the only published expression of doubt after local MSM works diligently to reassure the public on the sketchy future of the DOOMED Waddell & Reed tower in the aftermath of an acquisition.
To wit . . .
SKEPTICS DON'T BELIEVE THE HYPE AND DOUBT WADDELL & REED WILL KEEP EXPENSIVE TOWER PROMISES!!!
Remember the project is the beneficiary of more than 100-MILLION worth of corporate welfare so politicos & publishers have a vested interest in keeping that money machine rolling.
Nevertheless, our readers aren't so confident about hasty promises that don't recognize shifting economic reality during the pandemic . . .
Here's the word from an INSIDER and local development player:
"I'll believe that the tower will be a vibrant office space location when I see it. But it likely won't be any time in the next five years. This situation is analogous to what happened on the West Edge of the Plaza in the mid-2000s, eventually the Bernstein building designed by world-renowned architect Moshe Safdie was torn down after corporate drama thwarted the project . . . And that development was much more ambitious than this office building. What's more important is that the economic activity near the convention center has basically come to a standstill . . . That doesn't bode well for the future given that the convention business might be completely changed coming out of the pandemic.
Either way, there's no denying that downtown Kansas City is retracting right now and a lot of people are going to get burned trying to jump back in . . . What I hope won't happen is that the developers go back to city hall to waste money on ideas that might not work until we see exactly what the "new normal" looks like in 2021 and beyond."
Developing . . .