Corporate Welfare Developers Debut More Kansas City Riverfront Streetcar Real Estate Schemes

Despite an impending US housing crash, Kansas City continues to believe the toy train in the key to luring hipsters into the urban core.

We liberated quoted a relevant passage explaining the latest scheme and inevitable bit of corporate welfare pleading in return for a sketchy mix of luxury & affordable housing . . .

"Lux Living’s riverfront apartment proposal is before the Port KC board today and includes a provision requiring the developer to include affordable housing in the $56 million project. The St. Louis developer intends to seek an unspecified property tax abatement and sales tax exemption for a 200 to 250 unit hot mess in the making."

Developing . . .

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