Kansas City Streetcar Extension Building Into Recession?!?!

Once again Kansas City comes late to the party and serves as the victim of economic chicanery rather than the beneficiary. 

Take a peek at the hype and the inevitable downside . . .

"The new $350 million KC Streetcar extension along Main Street is expect to be completed in 2025. The project is attracting development proposals, including the redevelopment of the former Katz Drug Store at Westport Road and Main Street in the background."

It sounds great . . .

Meanwhile . . . 

THE AMERICAN ECONOMY CONTINUES TO FALTER AND GLOBAL MARKET SHIFTS CAUSE REAL ESTATE DEVELOPMENT TO STALL!!!

Something to consider . . .

It may seem unfair (it is) but a multi-billion dollar default of a Chinese real estate company has a greater impact on American real estate markets than most local developers understand. 

Again . . . There's precedent for all of this . . .

Remember that our EPIC entertainment district opened right into one of the worst economic disasters the world has ever seen. 

And just a couple of years ago . . .

Developers for the KC convention hotel bragged about victory over their political rivals . . . And then they opened into COVID and a paradigm shift to telecommuting and away from big gatherings. 

And so . . .

KC is typically hurt by bad timing. The toy train, clearly isn't an exception.

Read more via www.TonysKansasCity.com links . . .

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Developing . . .

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