- Free ad to the world that the grand P&L building is for sale - may attract developers
- Shows downtown KC residential is >95% occupied with demand - may attract developers
- Office space is cheap - may attract companies
The 3rd will probably not turn into much but the first two could at least create some tangible interest.
earthling wrote:^This will be good visibility in many areas...
- Free ad to the world that the grand P&L building is for sale - may attract developers
- Shows downtown KC residential is >95% occupied with demand - may attract developers
- Office space is cheap - may attract companies
The 3rd will probably not turn into much but the first two could at least create some tangible interest.
2 + 3 is a big deal.
2. means people are scrambling to live downtown. people downtown need jobs
3. c1heap rent is cheap rent. there's companies moving into expensive downtowns because there's people downtown to hire
I wonder how much impact the NYT article had on the timing of the sale. It sold only a couple weeks after the article. Sherman may have been considering it for longer but may have quickly closed the deal after the NYT article and before higher bids came in. The article probably was good visibility afterall. Maybe the article will encourage outside developers take a look at other buildings or even consider new.
I think having the convention here is a great idea and would certainly work... because, most folks who live downtown are democrats and would be happy to get the hell outa here for a while and could rent their lofts/condos out to Republicans for a lot of money. Just be sure to get a hefty security deposit, since things can get wild and destructive when they bring strippers and drugs back to your place.
taxi wrote:I think having the convention here is a great idea and would certainly work... because, most folks who live downtown are democrats and would be happy to get the hell outa here for a while and could rent their lofts/condos out to Republicans for a lot of money. Just be sure to get a hefty security deposit, since things can get wild and destructive when they bring strippers and drugs back to your place.
When we were living in Boston, our neighbors rented out their apartment for the 2004 RNC. It was in the North End, walking distance from the convention, and they made two months' rent in a week.
I don't agree with Dave Helling. I think KC would do fine hosting a convention. Get some streetcars and a convention hotel done though. (The new KC convention hotel should be at least 1400 rooms though, I don't get why KC is stuck on a 1000 room hotel when rooms are so lacking near the convention center).
KCI might be a bigger problem than anything with hosting a convention.
GRID wrote:I don't agree with Dave Helling. I think KC would do fine hosting a convention. Get some streetcars and a convention hotel done though. (The new KC convention hotel should be at least 1400 rooms though, I don't get why KC is stuck on a 1000 room hotel when rooms are so lacking near the convention center).
KCI might be a bigger problem than anything with hosting a convention.
the problem is the return. there's no certainty that we'd get the money back on 1400 more rooms
the article says delegates in NC "are actually staying in Concord, North Carolina, about the same distance as Tonganoxie is from downtown, necessitating a 40-minute shuttle each day." Surely KC has sufficient hotel space if 40-minutes is the qualifying radius.
