Kansas City Mayor Q Offers Reassurance For Country Club Plaza Sale

This hopeful report doesn't dwell on so many storefronts closing or rising crime . . . Instead the not-so-subtle hint of a KCMO city hall takeover of the Plaza by way of "partnership" seems to be the tragic fate of retail in decline . . . Check the quote we've liberated from behind the paywall and then a link to further reading:

Numerous real estate sources familiar with pre-closing activities by HP Village Partners LP have said during the past month, though it is unclear precisely when the Plaza sale is targeted to close, after at least one extension past the Dallas group's initial goal of year-end 2023.

"We continue to have weekly meetings with the group," Mayor Quinton Lucas said Friday morning, "and I'm very confident that they're doing the hard work necessary to make sure not only that they're ready to purchase the Country Club Plaza, but to hit the ground running on new development opportunities and a stronger collaboration with Kansas City, with all of our communities and really building the future of the Plaza for the next generation."

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

Are potential new owners still buying Country Club Plaza? Here's a status report - Kansas City Business Journal

News of the potential sale of the Country Club Plaza surfaced in October, and the potential buyers initially targeted closing by the end of last year. See where the deal stands now.