Call this Friday followup as developers cash in following activists and misguided politics making the iconic entertainment district NEARLY UNINHABITABLE for most retail and even a few high-end residents.
Our main takeaway this week . . .
WILL KANSAS CITY DEVELOPERS DRAIN THE LAST BIT OF LIFE & PROFIT FROM COUNTRY CLUB PLAZA UNTIL IT'S COMPLETELY UNRECOGNIZABLE?!?
Think about it this way . . .
Private equity managed to ruin delicious cheddar biscuits at Red Lobster . . . And so, taking down a struggling Midwestern shopping district is no big deal . . . The only slap in the face is that the suits demand corporate welfare and taxpayer cash in order to turn The Plaza into garbage.
Check-it . . .
"After borrowing $1.4 billion to redevelop the Country Club Plaza, the Gillion Property Group is now seeking millions in tax breaks from a Kansas City agency. Residents are also concerned about new construction renderings showing 200-foot apartment buildings and a major change to the neighborhood’s style. "
Read more via www.TonysKansasCity.com links . . .
KCUR: New renderings of Country Club Plaza make locals worried about vision — and cost to taxpayers
KCTV5: Country Club Plaza tax proposal tabled as owners seek 'tax certainty'
Developing . . .
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