StrangerThings wrote:Why bring in other developers when you've got a good working relationship with Cordish? Not to mention, It would be a slap in the face to essentially seek out other developers when only a few like Cordish were willing to buy in to the original downtown revitalization idea. "Hey Cordish, invest millions with us to help turn around downtown so we can ultimately bring in competition to you guys."
It was one deal. The City doesn't owe Cordish exclusivity. Any developer is always welcomed by the City to propose, or bid, on a development anywhere in the City. Any city government that only worked with one developer would be subject to accusations of favoritism. Relying on primarily one developer can lead to stagnation. This had severe ramifications in the past with Stan Durwood in the South Loop, and Tower Properties in the North Loop.
Other developers doing projects might produce better developments, and variety. One might argue that MAC Properties, DST, Sunflower Development, Shirley Helzberg, and Brad Nicholson, have created as much change in Kansas City by doing a variety of smaller projects, which en masse are as important as what Cordish has done.
Keep in mind that Cordish could sell out at any point, just like Highwoods sold most of the Plaza. Corporations aren't necessarily loyal to cities. Even ones that were founded in the city can leave it.