The deets on this hipster fantasy just keep getting more hilarious as we learn more . . .
A not-so-fun-fact that shouldn't be overlooked . . .
THE DOWNTOWN KANSAS CITY CONVENTION HOTEL ALREADY OWES TAXPAYERS MILLIONS OF BUCKS & DOESN'T HAVE THE CASH TO FINANCE THE SOUTH LOOP LID!!!
Thankfully, the Biz Journal overlooks their funding conundrum and offers other ideas for raising cash:
Officials have announced a $5 million pledge from Loews Hotels & Co. to help advance design efforts.
That sum represents a portion of a $25 million initial private fundraising goal, Downtown Council CEO Bill Dietrich said. The park proposal has long been championed by The Cordish Cos. and other nearby landowners, who stand to gain a significant amenity from the nearby 5.5-acre green space.
Dietrich said his nonprofit will seek further funds from a broader potential support base through later fundraising efforts.
Additional state and federal public support is anticipated, with the park project backed by Gov. Mike Parson, Sen. Roy Blunt and Rep. Emanuel Cleaver.
Read more via www.TonysKansasCity.com link to paywall content . . .
After years of laying groundwork, elected officials and Downtown boosters in April celebrated a formal planning start for a $160 million public park that would cap a portion of Interstate 670. The announcement was the easy part. Now, the Downtown Council of Kansas City has mobilized to translate unofficial commitments from state and federal government representatives into concrete project financing.