The so-called Downtown Kansas City Renaissance continues despite a sustainable biz model and Mayor Sly James plays Mr. Monopoly with City Hall cash . . .
Up top an artist's rendering of the pricey condo that's not really for working people in KCMO . . .
Right here . . . Kansas City Mayor Sly James as Mr. Monopoly . . .
Links . . .
KMBC: City leaders help break ground on downtown KC apartment tower
Fox4KC: The 25-story complex called “One Light” will be the first high-rise apartment building in downtown since the mid-1970′s. It’s a project Power and Light District executives say is part of a bigger transformation that’s attracting more young professionals to the metro area and boosting the economy.
KC Biz Journal: Leaders of The Cordish Co. and Kansas City praised the progress made in Downtown during the past decade as the group broke ground on the $79 million One Light luxury apartment tower.
Expect 20 empty floors.
ReplyDeleteFor reference, one Park Place- a much nicer location with less rent than this place will have still sits 75% empty after decades of attempted development.
ReplyDeleteTaxpayers will pick up a substantial part of the tab and almost all of the risk. But hey, its a good chance for the pols to get their pictures taken at a groundbreaking.
ReplyDeleteNew lux-o condos in the Power & Blight District? Fuck yeah!
ReplyDeleteMobs of white and black trash 20-somethings binge drinking and vomiting all over the goddam sidewalks every weekend. Driving like homicidal imbeciles, too.
Why would I want to live in JoCo when I could live in the middle of THAT?
I think they should have called it Vista Del Rio Duece.
ReplyDeleteSly is turning downtown into a bedroom community for all the jobs in JoCo.
ReplyDeleteMayor Sly says,
ReplyDelete"Take a ride on the Toy Train! Do Not Pass Go! Pass Tax Increases!"
“We expect that the fact they’re coming in and setting the rent bar a little high, it will allow other property owners to raise their rents a little higher as time goes on, particularly as their abatements roll off so we will have a new market out there to establish” Sly James
ReplyDelete4/23/14, 7:31 AM
ReplyDeleteExactly 7:31. And this city takes one more step towards bankruptcy while certain political figures and movers and shakers make off with truck loads of money.
This will be public housing in five years after opening. The important thing is that the people for whom Sly is the front man, will make a lot of money. These people are no different than Mafia types who take down a business to collect a debt. Sly leads a group that doesn't build but destroys.
ReplyDeleteIf it fails, they can always make it into an ultimate hide and seek adventure.
ReplyDeleteHow does Sly feel about being the house nigger for the local one percenters?
ReplyDeleteI lived 8 blocks from the jones pool and could hear the getho music thumping al weekend long. Cant imagine living right next door.....
ReplyDeleteare yall really that ignorant? sure it costs tax payers money but it is bringing appeal to downtown. Appeal brings residents, residents brings development, development leads to business both big and small. It's fucking elementary. Kansas City was bullshit 15 years ago now u have middle-aged white men riding their bikes down Paseo. Get with it or get lost!
ReplyDeleteHow is it Cordish has a face at his age that looks carved out of cream cheese?
ReplyDeleteAll of you small minded people are exactly what's been holding Kansas city back for decades, scared to take chances, this city is so used to being the laughing stock, cause we don't take chances, other people come to Kansas city and shake their heads at how ignorant some of us are, we are always content as a city, always watching other cities develope, I'm glad to see Kansas city take chances and make changes, you people sound so closed minded and ignorant, typical racist rhetoric on a man that has does nothing but help make Kansas city a contender in the national stage.
ReplyDeleteWow, I knew the racism was coming, smh typical Kansas city, people not used to being on the east/west coast, so many sheltered individuals, this man has made kcmo attractive, so what it cost us, it has potential to snowball and cause a healthy amount of development for downtown, people like YOU are exactly what stopped 2 and 3 KC place from being built in the 80's. You people are the same people that criticize big developments, then ooze with excitement once its completed, smh sad sad people, once this city gets rid of all the closed minded individuals, this city will live up to its potential
ReplyDelete