OFFICIAL - Loews Convention Hotel (formerly Hyatt)

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby JLowe2018 » Tue Sep 26, 2017 5:15 pm

DaveKCMO wrote:moderator note: don't post full articles, especially those behind paywalls. we get in trouble.

https://www.bizjournals.com/kansascity/ ... aking.html

hartliss wrote:Per bizjournal article on 9/14/17:

Addressing a quarterly gathering of Kansas City's Convention Management Advisory Authority, Burke said KC Hotel Developers LLC remains on track for completion and opening of the 800-room hotel before the 2020 Phillips 66 Big 12 Men's Basketball Championship, which will be March 11-14 at the Sprint Center.

The proposed Loews Kansas City Convention Center Hotel remains on track to open in early 2020, members of its development partnership said Thursday.


Did this article give a time frame or date for when the groundbreaking will be?

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby DaveKCMO » Wed Sep 27, 2017 9:26 am

He said it's now looking like the bonds will be sold and that other financing closings will take place in November, with groundbreaking to take place soon thereafter.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby Chris Stritzel » Wed Oct 04, 2017 9:04 pm

Today, St. Louis gained a Loews Hotel. It will be a Live! one. In regards to this one in Kansas City, this won't be a Live! By Loews but rather a simple "Loews" brand.

http://www.buildingstlnews.com/the-blog/loews-is-first-tenant-to-be-officially-announced

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby KCPowercat » Wed Oct 04, 2017 9:13 pm

Chris Stritzel wrote:Today, St. Louis gained a Loews Hotel. It will be a Live! one. In regards to this one in Kansas City, this won't be a Live! By Loews but rather a simple "Loews" brand.

http://www.buildingstlnews.com/the-blog/loews-is-first-tenant-to-be-officially-announced


Do we know this to be true? Cordish is involved in the KC hotel too.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby Highlander » Wed Oct 04, 2017 10:38 pm

KCPowercat wrote:
Chris Stritzel wrote:Today, St. Louis gained a Loews Hotel. It will be a Live! one. In regards to this one in Kansas City, this won't be a Live! By Loews but rather a simple "Loews" brand.

http://www.buildingstlnews.com/the-blog/loews-is-first-tenant-to-be-officially-announced


Do we know this to be true? Cordish is involved in the KC hotel too.


From the link, I get the impression the Live brand is more or less a luxury boutique hotel. The St Louis hotel will have 250 rooms. I think the planned hotel in KC is much larger at 800 rooms and not quite in the same niche or after the same market.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby Critical_Mass » Thu Oct 05, 2017 7:28 am

There is hope! 'Live' has been removed from the Loew's site URL
Current URL: https://www.loewshotels.com/loews-kansas-city-convention-center-hotel
Previous URL: https://www.loewshotels.com/live-by-loews-kansas-city

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby KCPowercat » Thu Oct 05, 2017 7:51 am

That's positive

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby kboish » Thu Oct 05, 2017 7:52 am

KCPowercat wrote:
Chris Stritzel wrote:Today, St. Louis gained a Loews Hotel. It will be a Live! one. In regards to this one in Kansas City, this won't be a Live! By Loews but rather a simple "Loews" brand.

http://www.buildingstlnews.com/the-blog/loews-is-first-tenant-to-be-officially-announced


Do we know this to be true? Cordish is involved in the KC hotel too.


From what this link says it sounds like the STL will be a "live!" hotel.

Loews Hotels has expanded its Midwest hotel portfolio in recent years with hotels in Chicago and Minneapolis. The company recently announced plans for a new 800-room convention center hotel in Kansas City that’s slated to open in 2020.

The Live! by Loews-St. Louis hotel will be Loews’ second “Live!” branded hotel, after a location in Arlington, Texas, opens that’s being developed by Cordish, the Texas Rangers and the city of Arlington.


and the article also seems to not include KC's hotel in the "Live!" brand category.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby Riverite » Thu Oct 05, 2017 10:48 am

Maybe they will build another hotel with the live brand then?

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby grecobs » Mon Oct 16, 2017 7:53 am

Midway through October, the month construction was scheduled to begin. Any updates on a groundbreaking?

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby hartliss » Mon Oct 16, 2017 10:43 am

Here is some of the permit activity..... http://kivaweb.kcmo.org/kivanet/2/land/ ... pin=122634

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby JBmidtown » Mon Oct 16, 2017 3:03 pm

This is taking for-fucking-ever

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby flyingember » Mon Oct 16, 2017 3:55 pm

JBmidtown wrote:This is taking for-fucking-ever

It's quite normal for a major project to take a decade or longer.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby LCDSI » Tue Oct 17, 2017 9:15 am

KC just has a lot more red tape. Other cities move faster and let's not even talk about how fast Chinese cities move on developments. Either way glad to see it's moving forward.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby aknowledgeableperson » Tue Oct 17, 2017 10:52 am

Have the bonds been sold?

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby kboish » Wed Oct 25, 2017 7:39 am

There is a notification in PZE later today that says a lease is being signed for space in the convention hotel. I haven't heard anything lately about the financing being completed yet, but possibly they will give an update later today. Hopefully this means progress.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby KCLover » Wed Oct 25, 2017 4:11 pm

kboish wrote:There is a notification in PZE later today that says a lease is being signed for space in the convention hotel. I haven't heard anything lately about the financing being completed yet, but possibly they will give an update later today. Hopefully this means progress.


The PDF attachment said something about space in the parking garage and meeting rooms.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby kboish » Wed Oct 25, 2017 4:16 pm

https://www.bizjournals.com/kansascity/news/2017/10/25/loews-kc-convention-hotel-gets-new-developer.html

A Kansas City economic development agency on Wednesday assigned development rights for a proposed 800-room downtown convention headquarters hotel to a new entity.
...
Now, the developer is KC Hotel Property Owner LLC. It is wholly owned by a joint venture between KC Hotel Developers LLC and Loews Hotels Group Inc., which replaced Hyatt Hotels Corp. as operator of the new convention hotel in June after agreeing to make a major equity investment.

...
“We’re looking to close by the end of the year,” Koch said.
After the financing documents are approved in November, Koch added, bonds will be priced in early December.


So I guess closing by the end of the year.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby flyingember » Wed Oct 25, 2017 6:14 pm

So groundbreaking early next year. Three months delay is not that bad.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Postby ldai_phs » Wed Nov 08, 2017 2:07 pm

New Airport should help drive demand for this and other hotel projects downtown.


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