A
quick note on the Kansas City Convention and Visitors Association
opposition. The KCCVA believes that
a small boutique hotel on the Plaza will not generate additional
new tax revenue, rather, a hotel of that size at that location
will receive hotel business that would have otherwise gone to one
of the other hotels in the area. This is called the "substitution
effect".
Their belief is that a much larger hotel, downtown,
would actually create new demand for conventions downtown, and
that if a public subsidy is approved for a hotel, it should be
on a large convention hotel downtown that will actually create
new tax revenue.

Take
a few minutes and familiarize yourself with the neighborhood backgrounder
(below), and then please join us for a discussion of this topic
on our blog.
To get on the email list for this issue click here.
Google StreetView
Update: check
out the Cleaver properties via Google StreetView. Google StreetView
allows you to virtually drive by the apartments at street level
and get a 360 degree view of the area. To virtually tour 46th Street
(the north side of the block) click
here. To see the south side
of the block (Cleaver II Blvd side) click
here.
(There are a fair amount of pictures in our discussion,
so make sure you can open Adobe PDF files and your browser
allows pop-up browser windows for this web site.)
The
Cleaver Blvd. TIF is a proposed development that would demolish
10 historically-significant apartment buildings (which are in
need of repair) and replace them with a 12-story hotel, luxury
condos and newly-constructed apartments. The project cost is
approx. $90M. $15M will be publicly-financed via TIF of underground
parking.
Development decisions, especially
on this scale, are forever decisions that significantly
impact our neighborhood, surrounding community and city. For this
and many more reasons, we owe it to ourselves to apply a high level
of scrutiny and thought as we consider this and other development
projects in our neighborhood.
For
a map of where these apartments are, click
here. For pictures of the current apartments click
here.
Before we get into the specifics of
the Cleaver Blvd. TIF, we'd like to say two things: |