Will MILLIONS In Kansas City Tax Breaks Save The Plaza?!?

Quick answer . . .

LOCKTON'S DEPARTURE PRETTY MUCH KILLS MOST HOPE OF THE PLAZA AS ANYTHING BUT THE NEXT CITY HALL DISASTER!!!

The old Country Club district is no more . . . The smart money got out and the future if corporate welfare, public housing and heavily subsidized storefronts all selling local t-shirts & trinkets that couldn't possibly pay the rent.

Take a peek . . .  

"Kansas City Council is considering a plan to overhaul the Country Club Plaza, with much taller buildings and a new public square. But not all residents are convinced — and now Lockton Companies is moving its headquarters to Leawood.

"It’s no secret that the Plaza has been struggling for years. In 2023, its former ownership group defaulted on nearly $300 million in debt as the shopping center struggled with slumping sales, vacant storefronts and concern about crime. The new owners, Gillon Property Group, reportedly acquired the Plaza for a discounted price of $176 million.

"Now, the Plaza stands at a crossroads."

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

Country Club Plaza is losing a major employer, frustrating Kansas City's redevelopment plans

Kansas City Council is considering a plan to overhaul the Country Club Plaza, with much taller buildings and a new public square. But not all residents are convinced - and now Lockton Companies is moving its headquarters to Leawood.

Port KC to consider $1.4 billion bond framework for major Country Club Plaza redevelopment

A special meeting on Monday could move forward a plan that would allow up to $1.4 billion in bonds to support the long-term redevelopment of the Country Club Plaza.

Developing . . .