Kansas, Missouri battle over companies
- KCPowercat
- Ambassador
- Posts: 34137
- Joined: Mon Oct 07, 2002 12:49 pm
- Location: Quality Hill
- Contact:
Re: Kansas, Missouri battle over companies
This whole time it's been basically equal jobs going back and forth. The media seems to highlight the "KS is winning" jobs from MO side but numbers showed MO was getting those jobs back in other deals.... Not like either side was winning obviously.
- normalthings
- Mark Twain Tower
- Posts: 8018
- Joined: Mon Mar 30, 2015 9:52 pm
Re: Kansas, Missouri battle over companies
http://www.npr.org/rss/podcast.php?id=510289
Planet Money/NPR released a podcast about the border war. It's a good listen.
Planet Money/NPR released a podcast about the border war. It's a good listen.
-
- Mark Twain Tower
- Posts: 8519
- Joined: Sun Sep 11, 2011 2:27 pm
- Location: milky way, orion arm
Re: Kansas, Missouri battle over companies
Employment screening company moving 230 jobs from Overland Park to South KCMO. Unfortunately with incentives, about $5.1M.
http://www.bizjournals.com/kansascity/n ... -move.html
JoCo also might get hit with CenturyLink employee cuts...
http://www.bizjournals.com/kansascity/n ... -city.html
http://www.bizjournals.com/kansascity/n ... -move.html
JoCo also might get hit with CenturyLink employee cuts...
http://www.bizjournals.com/kansascity/n ... -city.html
-
- Mark Twain Tower
- Posts: 9862
- Joined: Tue Jul 17, 2012 7:54 am
Re: Kansas, Missouri battle over companies
Incentives are contingent on job creation.earthling wrote:Employment screening company moving 230 jobs from Overland Park to South KCMO. Unfortunately with incentives, about $5.1M.
http://www.bizjournals.com/kansascity/n ... -move.html
http://www.kansascity.com/news/business ... 30947.html
ironically it says they're moving in the same building as Applebees which is leaving the KC region.
Applebees moved to KCMO for the same incentives program and it appears they never created or retained the higher number of jobs to get the incentives.
- Highlander
- City Center Square
- Posts: 10248
- Joined: Mon Jun 28, 2004 1:40 pm
- Location: Houston
Re: Kansas, Missouri battle over companies
Not really a relocation but a merger. Any chance the KCPL - Westar merger will add employees to downtown KC? Westar is huge for Topeka, it would be interesting to see if many of those jobs move to downtown KC after the merger. Isn't Great Plains in 1 KC Place?
http://www.kansascity.com/news/business ... 83263.html
http://www.kansascity.com/news/business ... 83263.html
- beautyfromashes
- One Park Place
- Posts: 7299
- Joined: Mon Mar 21, 2005 11:04 am
Re: Kansas, Missouri battle over companies
I know the city council proposed a change to the available percentage of TIF for a development. I wish there was a way to allow full TIF for developments that are majority commercial and bring jobs into the core. I understand the need to cut the percentage for residential condo conversions as those have already started to take off on there own, but we need a focused plan to start bringing more jobs into the city. It will stunt growth if we don't get that piece changed quickly.
-
- Strip mall
- Posts: 157
- Joined: Fri Mar 27, 2015 12:06 pm
- Location: KCMO
Re: Kansas, Missouri battle over companies
This exactly!!!!beautyfromashes wrote:I know the city council proposed a change to the available percentage of TIF for a development. I wish there was a way to allow full TIF for developments that are majority commercial and bring jobs into the core. I understand the need to cut the percentage for residential condo conversions as those have already started to take off on there own, but we need a focused plan to start bringing more jobs into the city. It will stunt growth if we don't get that piece changed quickly.
-
- Hotel President
- Posts: 3258
- Joined: Mon Nov 26, 2007 12:25 am
- Location: West Plaza
Re: Kansas, Missouri battle over companies
Intrastate boarder war...
OP is considering providing incentives to poach a Leawood wealth management firm.
http://www.bizjournals.com/kansascity/n ... -park.html
OP is considering providing incentives to poach a Leawood wealth management firm.
http://www.bizjournals.com/kansascity/n ... -park.html
-
- Hotel President
- Posts: 3123
- Joined: Fri Feb 11, 2011 10:10 am
- Location: Broadway/Gilham according to google maps
Re: Kansas, Missouri battle over companies
Didn't really know where to put this but couldn't this severely affect KC Southern since they have a huge network in Mexico.
https://www.nytimes.com/2017/01/26/us/p ... trump.html
https://www.nytimes.com/2017/01/26/us/p ... trump.html
-
- Hotel President
- Posts: 3258
- Joined: Mon Nov 26, 2007 12:25 am
- Location: West Plaza
Re: Kansas, Missouri battle over companies
Garmin wants tax abatement for its HQ expansion in Olathe. Its kind of funny that they had a ground breaking ceremony for this last fall and then wait till February to say- oh yeah and we want you to pay for this.
http://www.bizjournals.com/kansascity/n ... quest.html
http://www.bizjournals.com/kansascity/n ... quest.html
-
- Strip mall
- Posts: 157
- Joined: Fri Mar 27, 2015 12:06 pm
- Location: KCMO
Re: Kansas, Missouri battle over companies
They would look good in that new tornado tower dream north of the Sprint Center.kboish wrote:Garmin wants tax abatement for its HQ expansion in Olathe. Its kind of funny that they had a ground breaking ceremony for this last fall and then wait till February to say- oh yeah and we want you to pay for this.
http://www.bizjournals.com/kansascity/n ... quest.html
-
- Colonnade
- Posts: 748
- Joined: Thu Jan 29, 2015 11:31 am
Re: Kansas, Missouri battle over companies
Keep dreamingKCTOGA wrote:They would look good in that new tornado tower dream north of the Sprint Center.kboish wrote:Garmin wants tax abatement for its HQ expansion in Olathe. Its kind of funny that they had a ground breaking ceremony for this last fall and then wait till February to say- oh yeah and we want you to pay for this.
http://www.bizjournals.com/kansascity/n ... quest.html
Re: Kansas, Missouri battle over companies
Garmin is such a conservative suburban place, they would never move downtown. It isn't in their blood.KCTOGA wrote:They would look good in that new tornado tower dream north of the Sprint Center.kboish wrote:Garmin wants tax abatement for its HQ expansion in Olathe. Its kind of funny that they had a ground breaking ceremony for this last fall and then wait till February to say- oh yeah and we want you to pay for this.
http://www.bizjournals.com/kansascity/n ... quest.html
- KCDowntown
- Alameda Tower
- Posts: 1045
- Joined: Tue Oct 08, 2002 2:17 pm
Re: Kansas, Missouri battle over companies
I've seen various tenant finish permits over the last couple of weeks (but can't find them now) for GlynnDevins, an ad agency currently located on College Blvd in OP, opening a location in one of the office buildings along the southern edge of Ward Parkway. I don't know if it is part or all of the company, just that it is a company jumping the State Line.
KCDowntown
KCDowntown
-
- Hotel President
- Posts: 3258
- Joined: Mon Nov 26, 2007 12:25 am
- Location: West Plaza
Re: Kansas, Missouri battle over companies
It never ceases to amaze me the amount of greenfield TIF that gets approved in the metro. Especially in Kansas. People wonder how we become a sprawling mess and why it can be difficult to redevelop the east side and areas downtown? Well, just look at all these projects below. Look at what DT has to compete with for development. Somehow, DT is attractive enough that midsize hotels and apartment projects no longer seem to need incentive, but just look at the Brookridge development and the massive subsidies they are throwing at it. I though that area was supposed to be the nicest in the metro where any developer or business would die to locate? Guess not. Below is just a brief summary of projects, but there are certainly many more one off hotel and apartment projects sprinkled throughout JoCo that get some sort of TIF or abatement.
KS
http://www.bizjournals.com/kansascity/n ... grows.html
KCMO Greenfield TIF
http://www.bizjournals.com/kansascity/n ... quest.html
(This own is getting ready to open)
KS
http://www.bizjournals.com/kansascity/n ... grows.html
http://www.bizjournals.com/kansascity/n ... quest.htmlfter the downsizing, the total amount of incentives the developer is eligible to receive through tax increment financing and Kansas sales tax revenue (STAR) bonds remains about $550 million.
http://www.bizjournals.com/kansascity/n ... quest.htmlA development partnership proposing a 150,000-square-foot office tower and a new 123-room hotel on the site of a shuttered Overland Park hotel is seeking tax increment financing for the $70 million project.
The developers of Westgate, a $130 million mixed-use project at the southwest corner of 118th Street and State Avenue, will be requesting tax-increment financing during the Jan. 23 meeting of the Bonner Springs City Council
KCMO Greenfield TIF
http://www.bizjournals.com/kansascity/n ... quest.html
MD Management Inc. plans to seek tax increment financing to help cover $65 million worth of public infrastructure improvements needed to serve its Costco-anchored Platte Purchase development project in the Northland
(This own is getting ready to open)
-
- Pad site
- Posts: 64
- Joined: Wed Nov 09, 2016 10:22 am
Re: Kansas, Missouri battle over companies
So, is Amazon a company worth throwing incentives at?
https://www.theverge.com/2017/9/7/16266 ... eattle-2hq
https://www.theverge.com/2017/9/7/16266 ... eattle-2hq
-
- Bryant Building
- Posts: 3800
- Joined: Sun Feb 20, 2011 2:47 am
Re: Kansas, Missouri battle over companies
.
Last edited by pash on Thu Sep 21, 2017 6:00 pm, edited 1 time in total.
-
- Strip mall
- Posts: 297
- Joined: Tue Sep 05, 2017 8:45 am
- Location: Midtown
Re: Kansas, Missouri battle over companies
I think Kansas City has a decent shot at this, but our lack of transit may hurt us.
The North Loop is absolutely the best location.
The North Loop is absolutely the best location.
-
- Mark Twain Tower
- Posts: 8519
- Joined: Sun Sep 11, 2011 2:27 pm
- Location: milky way, orion arm
Re: Kansas, Missouri battle over companies
If KC bids on this for a downtown location, they need to emphasize the downtown airport. KC doesn't have many international destinations (listed as a requirement) but the close downtown airport is great for private jets.
-
- Penntower
- Posts: 2443
- Joined: Thu Nov 29, 2007 3:02 pm
Re: Kansas, Missouri battle over companies
East Village. Or maybe the state of Kansas could give up all taxes in exchange for them to go downtown KCK...or The Legends!