Muehlebach Hotel / KC Club Project

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: Muehlebach Hotel / KC Club Project

Post by DaveKCMO »

Why would anyone fund an office construction project right now?

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beautyfromashes
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Re: Muehlebach Hotel / KC Club Project

Post by beautyfromashes »

DaveKCMO wrote:
Fri Jan 22, 2021 9:49 pm
Why would anyone fund an office construction project right now?
Because interest rates are extremely low and the hope is that by the time the building is built, the pandemic will be over and business will be good. It seems like a good gamble.

earthling
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Re: Muehlebach Hotel / KC Club Project

Post by earthling »

Will be interesting to see how the dust settles in a few years. The KC market already has a massive amount of leasable office space for its size and adding more suburban space than even Chicago. Trends that may reduce demand like WFH, tighter co-working spaces and community tables rather than cubicles will be factors. Something like this scenario might create more Class A demand downtown, maybe.

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Re: Muehlebach Hotel / KC Club Project

Post by dukuboy1 »

Thank you for the info. Such a shame that project will not happen. It was a nice looking building that would have been a real nice asset to downtown. I really hope as things progress with COVID getting better through 2021 & the economic improvement that will follow it the projects that were put on hold or even scrapped will come back to life

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smh
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Re: Muehlebach Hotel / KC Club Project

Post by smh »

DaveKCMO wrote:
Fri Jan 22, 2021 9:49 pm
Why would anyone fund an office construction project right now?
FWIW, I was on a lunch and learn thing with some large private equity office folks and they remain bullish on the sector and new projects. This was nationally of course, not KC specific.

earthling
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Re: Muehlebach Hotel / KC Club Project

Post by earthling »

^Let's see if they put their money where their mouth is.

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normalthings
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Re: Muehlebach Hotel / KC Club Project

Post by normalthings »

earthling wrote:
Wed Jan 27, 2021 1:15 pm
^Let's see if they put their money where their mouth is.
Big projects moving forward across the South.

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DaveKCMO
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Re: Muehlebach Hotel / KC Club Project

Post by DaveKCMO »

We ate at The Town Company last night. Top notch food, drinks, and service. Only our second time eating indoors in a year, since they don't have any outdoor dining options and won't do room service for hotel guests.

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Re: Muehlebach Hotel / KC Club Project

Post by FangKC »

Simeone Deary Transforms a Former Men’s Social Club Into a Boutique Hotel

Hotel Kansas City acknowledges the past while signaling a more inclusive future.
It’s probably a sign of the times that, in 2020, the task of renovating a former men’s social club would fall to a women-owned firm. That’s what happened when Hyatt commissioned Chicago-based Simeone Deary Design Group to update the Kansas City Club Building, originally built in 1922, into the 144-room Hotel Kansas City.
...
https://www.metropolismag.com/architect ... ic/111659/

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