Hotel Bravo- 17th and Wyandotte

Issues concerning Downtown as described by the Downtown Council. River to 31st Street, I-35 to Bruce R. Watkins.
Walker
Pad site
Pad site
Posts: 92
Joined: Tue Jul 07, 2020 9:23 pm

Re: Hotel Bravo- 17th and Wyandotte

Post by Walker »

kas1 wrote:
Mon Jun 14, 2021 3:00 pm
normalthings wrote:
Fri Jun 11, 2021 10:43 am
This projects will pay tens of millions into the taxing jurisdictions that would otherwise not exist.
This argument continues to make no sense to me. Tens of millions of tax revenue means hundreds of millions of dollars of spending. If this hotel can attract visitors who dump hundreds of millions of dollars into the local economy, then why does it need the city to subsidize 1/3 of its cost? Shouldn't the hotel just be printing money under these circumstances? The premise of the argument is that there exists a huge number of globetrotters who refuse to stay in anything other than a five-star hotel who would love to visit Kansas City but for the fact that it has no hotel that's swanky enough for them. Why would these people not be willing to pay the same amount for their hotel room here as they do in every other city they visit?
The developer published their calculations in 2019 or 2020. IIRC, the tax revenue number is mostly from a PILOT and the unabated portion of property taxes. I don't think they were pitching it as a sales tax benefit (which wouldn't go to the library or schools anyways).

User avatar
rxlexi
Penntower
Penntower
Posts: 2092
Joined: Sun Dec 14, 2003 10:30 pm
Location: Briarcliff

Re: Hotel Bravo- 17th and Wyandotte

Post by rxlexi »

If nothing else, this debate brings the rather embarrassing fact that the KC region does not have a Ritz-Carlton, Four Seasons, etc. back into the spotlight. Not necessarily implying that incentives should be necessary here or couldn't be used more effectively elsewhere (if they were a zero-sum game), but the need or at least desire for a top-flight luxury hotel is real, and it would be great to locate this downtown vs. Plaza or burb.

Random tangent - the empty lots around the PAC look terrible. Such potential. Really wish UMKC had been able to re-group after Grietens shot down the last proposal for the Conservatory campus. Hope to see some movement here sooner than later, whether Hotel Bravo or something else entirely.

User avatar
FangKC
City Hall
City Hall
Posts: 15563
Joined: Sat Jul 26, 2003 10:02 pm
Location: Old Northeast -- Indian Mound

Re: Hotel Bravo- 17th and Wyandotte

Post by FangKC »

I think UMKC decided to keep the conservatory project on their campus.

User avatar
LCDSI
New York Life
New York Life
Posts: 394
Joined: Fri Sep 03, 2004 8:47 pm
Location: San Francisco

Re: Hotel Bravo- 17th and Wyandotte

Post by LCDSI »

fyi; article in the kansascity star today about the costs of this project going up. Don't have subscription access to the star so not sure if it had any updates or details that would shed light on what might happen with this project.

User avatar
DaveKCMO
Ambassador
Posts: 18852
Joined: Sun Nov 27, 2005 6:22 pm
Location: Crossroads
Contact:

Re: Hotel Bravo- 17th and Wyandotte

Post by DaveKCMO »

LCDSI wrote:
Wed Jun 16, 2021 2:26 pm
fyi; article in the kansascity star today about the costs of this project going up. Don't have subscription access to the star so not sure if it had any updates or details that would shed light on what might happen with this project.
https://www.kansascity.com/news/busines ... 27728.html
The producer price index for construction materials has increased 26 percent since the luxury hotel first became public, according to data from the Federal Reserve Bank in St. Louis.
Not much new to report.

User avatar
normalthings
Oak Tower
Oak Tower
Posts: 5151
Joined: Mon Mar 30, 2015 9:52 pm

Re: Hotel Bravo- 17th and Wyandotte

Post by normalthings »

Developer says Hotel Bravo will go for $240 on average a night. By comparison playing around with different dates, your average downtown Holiday Inn in Nashville is charging $300+ this fall.

Four Seasons STL was charging $350 to get in the door last winter (during pandemic).
Last edited by normalthings on Thu Jun 17, 2021 6:44 am, edited 1 time in total.

User avatar
TheLastGentleman
Penntower
Penntower
Posts: 2081
Joined: Tue Jun 13, 2017 9:27 pm

Re: Hotel Bravo- 17th and Wyandotte

Post by TheLastGentleman »

I’m currently inside a holiday inn in downtown NYC and even the prices here are nowhere near that. Nashville must have luxurious holiday inns then!

flyingember
Mark Twain Tower
Mark Twain Tower
Posts: 9364
Joined: Tue Jul 17, 2012 7:54 am

Re: Hotel Bravo- 17th and Wyandotte

Post by flyingember »

DaveKCMO wrote:
Wed Jun 16, 2021 2:33 pm
LCDSI wrote:
Wed Jun 16, 2021 2:26 pm
fyi; article in the kansascity star today about the costs of this project going up. Don't have subscription access to the star so not sure if it had any updates or details that would shed light on what might happen with this project.
https://www.kansascity.com/news/busines ... 27728.html
The producer price index for construction materials has increased 26 percent since the luxury hotel first became public, according to data from the Federal Reserve Bank in St. Louis.
Not much new to report.
The developer didn’t get the Star on board, it’s written to make them look disorganized.

They admitted they didn’t know the current cost so it’s not a wrong point to make.

User avatar
normalthings
Oak Tower
Oak Tower
Posts: 5151
Joined: Mon Mar 30, 2015 9:52 pm

Re: Hotel Bravo- 17th and Wyandotte

Post by normalthings »

Article claimed NPC appearance on 23rd of June. Does not look like it made the agenda for this week

User avatar
normalthings
Oak Tower
Oak Tower
Posts: 5151
Joined: Mon Mar 30, 2015 9:52 pm

Re: Hotel Bravo- 17th and Wyandotte

Post by normalthings »

flyingember wrote:
Wed Jun 16, 2021 9:10 pm
DaveKCMO wrote:
Wed Jun 16, 2021 2:33 pm
LCDSI wrote:
Wed Jun 16, 2021 2:26 pm
fyi; article in the kansascity star today about the costs of this project going up. Don't have subscription access to the star so not sure if it had any updates or details that would shed light on what might happen with this project.
https://www.kansascity.com/news/busines ... 27728.html
The producer price index for construction materials has increased 26 percent since the luxury hotel first became public, according to data from the Federal Reserve Bank in St. Louis.
Not much new to report.
The developer didn’t get the Star on board, it’s written to make them look disorganized.

They admitted they didn’t know the current cost so it’s not a wrong point to make.
Agreed. It doesn't make much sense to get it re-priced at this point.

User avatar
normalthings
Oak Tower
Oak Tower
Posts: 5151
Joined: Mon Mar 30, 2015 9:52 pm

Re: Hotel Bravo- 17th and Wyandotte

Post by normalthings »

HB will be operated by Hyatt's Two Roads. Two Roads markets five of its own brands: Joie de Vivre, Thompson Hotels, Destination Hotels, tommie and Alila Hotels & Resorts. I lean towards Thompson being the flag of choice

Thompson Nashville

Image

La Terrenea in LA

Image

Joie de Vivre in Palo Alto

Image

Post Reply