OFFICIAL - Hyatt House (900 Broadway)

[TheUrbanRoo]

They’ve now transferred the tax incentive package to the new team that took over this project

[normalthings]

From park board agenda

22. Resolution #32092 - Considering Board approval of an Encroachment License Agreement with 900 Broadway KC Development Company, LLC for Valet Parking at Hyatt House Hotel for property located at Property 900 Broadway Boulevard. Attachment V

[kboish]

There is an ordinance being introduced today to extend their project timeline to 2026. So this is still alive.

Which by the way, I haven’t seen it mentioned anywhere that the city council passed a new law in April requiring all projects receiving incenyives through the city to be substantially complete within 3 years of their approval. Use it or lose it. awards given prior to the new rule expire in April 2024 unless a new ordinance extends it.

Which is why this project is requesting an extension. Expect more of these to come forward

[Highlander]

There is an ordinance being introduced today to extend their project timeline to 2026. So this is still alive.

Which by the way, I haven’t seen it mentioned anywhere that the city council passed a new law in April requiring all projects receiving incenyives through the city to be substantially complete within 3 years of their approval. Use it or lose it. awards given prior to the new rule expire in April 2024 unless a new ordinance extends it.

Which is why this project is requesting an extension. Expect more of these to come forward

The extension to start the project or finish the project by 2026? That seems like a lot of leeway for starting. Or re-starting as would be the case.

[kboish]

I think ‘substantially complete’ by then

[KCPowercat]

such a great fit project, hoping the get financing figured out.

[langosta]

New developer hopes to develop the hotel project in advance of the World Cup coming to Kansas City in 2026. Old developer will be a minority interest.

[TheUrbanRoo]

New developer hopes to develop the hotel project in advance of the World Cup coming to Kansas City in 2026. Old developer will be a minority interest.

Is that from an article or just a source? Curious because this is great news

[langosta]

New developer hopes to develop the hotel project in advance of the World Cup coming to Kansas City in 2026. Old developer will be a minority interest.

Is that from an article or just a source? Curious because this is great news

LCRA

[KCPowercat]

digging up some delayed projects here, nothing new has been filed plans/permit wise. Site was last inspected back in 2023 for property violations.