OFFICIAL - Embassy Suites (former Federal Reserve)

[ThorsteinVeblen]

http://www.kansascity.com/news/business ... wn-KC.html

Not sure if this has legs to it...

[FangKC]

Already a thread on this.

http://kcrag.com/viewtopic.php?f=10&t=1 ... ve#p531594

[ThorsteinVeblen]

Well that makes sense why I didn't find the thread when I first searched for it....thanks.

[smh]

An updated thread title would be appropriate here...

[DaveKCMO]

An updated thread title would be appropriate here...

done!

[smh]

An updated thread title would be appropriate here...

done!

Such service!

[FangKC]

Developers want TIF for Federal Reserve hotel project

The finance company, UC Funds, reported that the landmark building would be redeveloped as a 301-room hotel served by 538 spaces of structured and surface parking. It said a second phase of the redevelopment project would include a smaller boutique hotel and basement data center.

http://tinyurl.com/q2gwpmb

[DaveKCMO]

any got intel on which flag this will be? hyatt? omni?

[smh]

any got intel on which flag this will be? hyatt? omni?

Days.

[DaveKCMO]

biz journal tweets that this is one of six hotels in progress downtown. list:

- marriott residence/courtyard @ 16th/baltimore
- hilton home2 @ 20th/main
- 21c @ the savoy
- hampton inn @ the gumbel
- old federal reserve
- ?

[kboish]

According to the development map there is a holiday inn express planned for the Interstate Building at 13th and locust- but i don't know if that is the one they are referring to.

[missingkc]

Pulled this together for myself when I saw that article. No particular order.

1524 Main Courtyard 153
1524 Main Residence 104
Federal Reserve 301
HI Express, Interstate Bldg, 417 E 13th 76
Hampton Inn, Gumbel Bldg, 801 Walnut 70
Savoy 120
Hilton Home2 115
939

[DaveKCMO]

rumor has it this will be an embassy suites... with a restaurant!

[geeman68]

rumor has it this will be an embassy suites... with a restaurant!

We can only pray that this comes to life and happens soon!!!!!! I work at UMB and that would be an awesome get on that corner. I can only pray they also include an in-lobby Starbucks.

[DaveKCMO]

the big chandeliers were lit up inside yesterday...

[loftguy]

the big chandeliers were lit up inside yesterday...

I saw that too. Had to stop and check them out.

[mgh7676]

Developers ready to roll on $100M Federal Reserve hotel project

Bob Long, a development services specialist with the Economic Development Corp. of Kansas City, said Delta Quad Holdings seeks a 10-year, 100 percent abatement of all new property tax revenue generated by the $100 million project, as well as Super TIF.
If approved, the Super TIF would capture all economic activity tax revenue generated by the project for 23 years and divert it to cover eligible development costs. In addition, it would divert all new property tax revenue in years 11-23.

http://www.bizjournals.com/kansascity/n ... serve.html


A Super TIF? Good luck...

[normalthings]

Any renderings? Interesting that they have decided to spilt the addition/ side building off into a boutique hotel.

[moderne]

No super TIF for this! Why give TIF to compete with the new Hyatt in a building that is in ready to go shape, has more than enough garage space, and will just need interior gut to make into hotel. Wonder if the mechanicals and HVAC can be used for hotel? This is not a falling apart building like the Savoy.

[FangKC]

$100M hotel project will retain former KC Fed building's historic flair

Article includes photo slideshow of the building interior.

http://tinyurl.com/qbjqdhy