On-going downtown development projects

Issues concerning Downtown as described by the Downtown Council. River to 31st Street, I-35 to Bruce R. Watkins.
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DaveKCMO
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Re: On-going downtown development projects

Post by DaveKCMO »

kboish wrote:
Mon Apr 08, 2019 9:56 am
Is it really a trap though? It just says that no new caps on incentives can be effective until surrounding counties/municipalities adopt similar caps.
Right after the primary? Yes.

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Re: On-going downtown development projects

Post by alejandro46 »

https://www.kansascity.com/news/politic ... 65894.html

If anything it could get people talking about how the mass subsidization of development the Kansas side is kind of the serious issue/foil. I think generally this forum is pro-infill development and tax breaks on a case by case basis. However, time after time Kansas counties throw tons of tax incentives at suburban "mini-urban" center developers and sometimes again to lure companies' jobs over the border from Missouri.

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Re: On-going downtown development projects

Post by langosta »

Image

Downtown KC’s list of ongoing and proposed office construction in downtown CBD
Last edited by langosta on Tue Sep 17, 2019 7:43 am, edited 1 time in total.

earthling
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Re: On-going downtown development projects

Post by earthling »

Another small proposed one at 3rd/Delaware, I think 30K sqft.

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Re: On-going downtown development projects

Post by langosta »

langosta wrote:
Tue Sep 17, 2019 1:19 am
Image

Downtown KC’s list of ongoing and proposed office construction in downtown CBD
Image

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KCtoBrooklyn
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Re: On-going downtown development projects

Post by KCtoBrooklyn »

I don't think these maps are particularly up-to-date or complete. Here are a few things I noticed off-hand: seems to be missing Hyatt House, Cambria Hotel, Muehlebach, and Tracks 215. Strata is just called "future office tower" without any details.

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Re: On-going downtown development projects

Post by flyingember »

KCtoBrooklyn wrote:
Tue Sep 17, 2019 1:10 pm
I don't think these maps are particularly up-to-date or complete. Here are a few things I noticed off-hand: seems to be missing Hyatt House, Cambria Hotel, Muehlebach, and Tracks 215. Strata is just called "future office tower" without any details.
It wasn't current when it was created. This map is 1-2 years old now.

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Re: On-going downtown development projects

Post by normalthings »

flyingember wrote:
Tue Sep 17, 2019 1:23 pm
KCtoBrooklyn wrote:
Tue Sep 17, 2019 1:10 pm
I don't think these maps are particularly up-to-date or complete. Here are a few things I noticed off-hand: seems to be missing Hyatt House, Cambria Hotel, Muehlebach, and Tracks 215. Strata is just called "future office tower" without any details.
It wasn't current when it was created. This map is 1-2 years old now.
This map is dated May 2019. Those projects do show up on the tracking sheets found on the same web page.

earthling
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Re: On-going downtown development projects

Post by earthling »

This development map looks pretty much up to date, though some complete still marked under construction...
http://nextkansas.city/development-map/

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Re: On-going downtown development projects

Post by bspecht »

earthling wrote:
Mon Oct 28, 2019 12:06 pm
This development map looks pretty much up to date, though some complete still marked under construction...
http://nextkansas.city/development-map/
Let me know which ones. Harder to keep straight while not in KC.

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Re: On-going downtown development projects

Post by Highlander »

With all the working from home and social distancing edicts, is construction continuing on KC projects or have (will) the sites close down?

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Re: On-going downtown development projects

Post by kboish »

As far as I know, no changes for construction here.

Boston just ordered all construction sites closed by March 23. So, it could change

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Re: On-going downtown development projects

Post by flyingember »

The city isn’t sending non-essential staff out as I heard.

That would include inspectors, right? They wouldn’t send someone to inspect a plumbing job that isn’t an emergency break fix.

So that stops all projects as steps are concluded.

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Re: On-going downtown development projects

Post by FangKC »

Developers Leave the Light On for Downtown Hotel Projects
Even though the local and national hospitality industry is being hammered by the Covid-19 pandemic, developers pursuing new downtown hotels remain undaunted, anticipating there will be room for their projects once the crisis is over.
...
https://cityscenekc.com/developers-lea ... bnvfV7ToZg

flyingember
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Re: On-going downtown development projects

Post by flyingember »

FangKC wrote:
Fri Apr 10, 2020 5:58 pm
Developers Leave the Light On for Downtown Hotel Projects
Even though the local and national hospitality industry is being hammered by the Covid-19 pandemic, developers pursuing new downtown hotels remain undaunted, anticipating there will be room for their projects once the crisis is over.
...
https://cityscenekc.com/developers-lea ... bnvfV7ToZg
That I would agree with. There's a pent up demand for travel right now.

earthling
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Re: On-going downtown development projects

Post by earthling »

Have mentioned I'm invested (private equity/loans) into an independent Marriott operations group, not in KC market. Just got most recent results from them. Interstate hotels have recovered pretty well but downtown hotels have struggled given they tend to be relatively more tied to events. Even so, the worst performing hotel downtown performed as follows this year...

Occupancy
Jan-Feb: Over 75%
March: 40%
April: 12%
May: 27%
June: 60%
July: 50%
Aug: 62%
Sept: 65%
Oct: Over 70%

Nov/Dec: Expected to be lower partly because COVID cases are picking back up and restrictions are anticipated.

Would be interesting to see downtown KC numbers.

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