OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Issues concerning Downtown as described by the Downtown Council. River to 31st Street, I-35 to Bruce R. Watkins.
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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by KCLover » Wed Nov 29, 2017 3:18 pm

I read an article where it says they hope to break ground on January 2nd so guessing they are going to hit the ground running. May even see 24/7 construction.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by grovester » Wed Nov 29, 2017 3:41 pm

That Shriners convention is a hard deadline.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by flyingember » Wed Nov 29, 2017 4:02 pm

earthling wrote:KC seems to have a slower development pace than other markets - 2020 seems too optimistic or will otherwise be impressed if met. Ditto with new airport target date.
With today as the starting point, done by June 2020 would be 31 months.
Two Light is just past 21 months today from construction walls going up.

So that seems very doable.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by LCDSI » Wed Nov 29, 2017 5:52 pm

the new renderings in the article aren't bad either.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by hartliss » Tue Dec 05, 2017 11:06 am

Will be interesting to see what, if, any impact this has:

http://www.kansascity.com/news/politics ... 43164.html

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by atticus23 » Tue Dec 05, 2017 12:24 pm

What's the brief synopsis of this article?

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grovester
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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by grovester » Tue Dec 05, 2017 12:36 pm

3 council folk want to see all the legal docs on the hotel financing.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by KCPowercat » Tue Dec 05, 2017 12:54 pm

Nothing. It's Heather hall grandstanding when she turns around and supports giving away Westport without one question.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by Riverite » Wed Dec 06, 2017 8:11 am

Someone just posted a photo on Reddit saying it's a go. I'm not sure how to upload photos here, but dear god tell me that's not what it will look like

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by Critical_Mass » Wed Dec 06, 2017 8:29 am

Riverite wrote:Someone just posted a photo on Reddit saying it's a go. I'm not sure how to upload photos here, but dear god tell me that's not what it will look like
That image is the southwest corner (garage) and appears to be correct. Taken from Loew's presentation to the city: http://kcmo.gov/wp-content/uploads/2017 ... -11-30.pdf

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by KCPowercat » Wed Dec 06, 2017 8:50 am

Yeah that's from the PAC view which is horrible. I'll always believe the hotel tower is on the wrong side of that site plan.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by moderne » Wed Dec 06, 2017 11:35 am

Can we trade exteriors with the new Children's Mercy tower?

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by hartliss » Wed Dec 06, 2017 1:22 pm

hartliss wrote:Will be interesting to see what, if, any impact this has:

http://www.kansascity.com/news/politics ... 43164.html
Sounds like Loar, Hall and Shields were satisfied with the answers they were given today. The ordinance is being sent through with a "do not pass" attached. A formality, probably, to vote against the ordinance so that it isn't appearing anywhere on the city's plate and ultimately to appease the lenders.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by normalthings » Fri Dec 08, 2017 9:55 pm

Des Moines is getting a 40 story tower with apartment and hotel. Apartment portion will use hotel amenities. This would have been Great for downtown KC

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by Critical_Mass » Fri Dec 08, 2017 11:36 pm

Loews

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by aknowledgeableperson » Sat Dec 09, 2017 12:55 am

kboish wrote:LCRA is set to approve financial documents Wednesday to set up a December closing. If they don't close in December the project is in jeopardy because the firm construction estimates expire. The developers are scheduled to provide an update on Thursday to the council business session.

https://cityscenekc.com/convention-hote ... e-funding/
Read where it is in either the Senate or House version of the tax cut plan could do away with the tax-free status of bonds used for economic development purposes.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by KCPowercat » Sat Dec 09, 2017 10:20 am

That funding is not part of this project. It may be party of me kci terminal

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by DaveKCMO » Thu Dec 21, 2017 9:56 am

https://www.bizjournals.com/kansascity/ ... hotel.html
During a Nov. 29 meeting, the Land Clearance for Redevelopment Authority gave final approval to several “substantially finalized” agreements pertaining to the 800-room Loews Kansas City Hotel despite the fact that several blanks in the documents remained to be filled in. At the time, Steve Rattner, a veteran New York-based financier and one of the partners with the hotel development team, said the documents needed to be finalized in time for bond offering documents to be published by Dec. 6 if the developers hoped to stick to their goal of financial closings in December.

But that deadline was not met.

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by KCTOGA » Thu Dec 21, 2017 2:07 pm

How far back will this push the Jan.2nd. start date? Any guesses?

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Re: OFFICIAL - Loews Convention Hotel (formerly Hyatt)

Post by JBmidtown » Thu Dec 21, 2017 6:38 pm

KCTOGA wrote:How far back will this push the Jan.2nd. start date? Any guesses?
Approaching infinity.

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