Witness Kansas City's Next Trendy & Speculative Real Estate Boom: West Bottoms

Most locals are priced out of The Crossroads . . . The Plaza can be "problematic" and nobody wants to party in the Northland.

That leaves us with few options.

Accordingly, check developer hacks pointing to a hole in the ground and calling it a goldmine . . .

The agreement calls for a partnership where the city rebuilds the crumbling streets, sidewalks, sewers and other infrastructure in the redevelopment area with the tax revenues generated by the multi-phase project planned by SomeraRoad.

“We are excited to have received approval from the City Council for what will be a transformative public/private partnership to invest in, preserve the history of, and continue to revitalize the West Bottoms,” Andrew Donchez of SomeraRoad said in a statement.

Read more via www.TonysKansasCity.com link . . .

City Agrees on Framework of $400M West Bottoms Redevelopment Plan

Plans for an estimated $400 million redevelopment plan in the West Bottoms that would ultimately add 1,250 apartments has taken another step forward with the approval of a predevelopment agreement by the City Council.