One again local "news" is mostly producing publicity for a controversial transit endeavor that's currently enduring a nearly 80% decline in ridership because of the pandemic.
Powered by federal funds and taxes passed by gerrymandered mail-in ballots . . . The Kansas City Streetcar extension is ready transform the Broadway corridor by way of a sketchy new transit project.
The dirty little secret that nobody likes to talk about is that most of development sparked by the "toy train" is merely the result of corporate welfare.
"This area of downtown, and particularly the area around the proposed streetcar, has seen the ample use of these tax breaks. Although city leaders and news outlets claim the streetcar creates development, these tax abatements and a combination of other planning factors that favor this small section of downtown may be diverting development."
Translation: The toy train might actually be a disincentive for projects that don't demand government funding.
Still, the hype machine persists.
Check the latest roundup:
News chatter . . .
"The planned expansion of the Kansas City, Missouri streetcar line is already affecting development plans along the Main St. corridor. COVID-19 is delaying some office building deals but several residential projects have opened during the pandemic."
Developing . . .