Downtown Mission/ The Gateway

[mistervinix]

What... a... shocker: https://www.bizjournals.com/kansascity/ ... pment.html

[Riverite]

How long has this been in the pipeline. 15 years?

[horizons82]

Yep mall was torn down in 2006, the gateway was announced in 2005.

At this point they might have to yank back out all the rebar and concrete work done for those apartments and start over. Can’t just leave that sitting for years like they’ve done. What a shame.

[bchociej]

City staff gave some more info about the financing pause on an unrelated Zoom call last evening. Apparently it is basically impossible to move the S.O. bonds right now due to interest rate restrictions and the covid-related fluctuations.

[normalthings]

So a bunch of liens have been filed and no financing now

[bchociej]

Bunch of workers showed up a week or two ago and took apart the crane. I think maybe they also repossessed some crated HVAC stuff that was on site but I'm not 100% sure of that. Sigh.

[normalthings]

Bunch of workers showed up a week or two ago and took apart the crane. I think maybe they also repossessed some crated HVAC stuff that was on site but I'm not 100% sure of that. Sigh.

I wonder if the 3 mega suburban projects will end up collapsing and not coming back.

[mgsports]

What 3?