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Old 12-06-2007, 06:23 AM  
BigRedChief BigRedChief is offline
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Bannister Mall: the new home of the Wizards. Watch KC screw this up.

KC will screw this up. They had Bass Pro ready to go in abut they didn't want to give them TIF. Just what tax revenue are they getting now from that area? It's a wasteland.

http://www.kansascity.com/business/story/391605.html

Funkhouser opposes Super TIF for Bannister Mall redevelopment


By KEVIN COLLISON
The Kansas City Star Kansas City Mayor Mark Funkhouser said Wednesday that he opposed extraordinary tax breaks to help the Bannister Mall area redevelopment plan — incentives that backers say are vital for success.“It’s a wonderful project. I’m ready to sign off,” Funkhouser said at a development forum where he made a public appearance early in the day. “But I can’t stomach 23 years of Super TIF.”

Funkhouser later elaborated in a statement saying that while he was “excited” about the prospect of redeveloping the vacant mall property in south Kansas City, he wouldn’t support the $43.5 million in Super Tax Increment Financing being requested as part of the package to help finance the development.
Under Super TIF, all rather than just part of the local taxes generated by a project are diverted to help defray eligible costs.

The ambitious Three Trails redevelopment proposal, valued at almost $1 billion when fully built over 10 years, calls for a mixed-use development anchored by a new stadium for the Wizards professional soccer team. It would include a 12-field tournament-style soccer complex; a 250-room hotel; 609,000 square feet of retail space; and 610,500 square feet of office space.

The developers are seeking $273.3 million through a variety of local and state tax incentives to help finance the project.

“I want to see the Three Trails redevelopment happen,” Funkhouser said. “But I don’t intend to support the current plan without more thorough discussion and, at least, the removal of the Super TIF requirement, which redirects 100 percent of any new property, sales and earnings taxes back to the project.”

The development group backing the project, which includes top executives of Cerner Corp. and Lane4 Property Group, contends that Super TIF is needed to fill a financial gap for the project.

It remains unclear what effect Funkhouser’s position with have on the development group’s pursuit of the project at the Bannister Mall site. The developers have sought a decision by the Kansas City Council by the end of December to meet a construction timetable that calls for the soccer stadium to be open by spring 2010.
Project backers, who have considered alternative sites elsewhere in the area, could not be reached for comment after Funkhouser’s statement.

Besides the use of Super TIF, Funkhouser also objects to the plan’s provision that the city own the soccer stadium, saying it would require long-term expense and attention.

“The construction of the city-owned Sprint Center required a new tax and public vote, yet we are considering this plan with neither,” Funkhouser said in his statement. “I want to be sure we have thought through that decision and its fiscal impact on the city.”
The mayor’s announcement threw a new twist into a discussion that already had gotten off to a poor start earlier in the day.

At a meeting of the council’s Finance and Audit Committee, at which dozens of people testified, most favored the project. But Chairwoman Deb Hermann postponed a recommendation on the project after becoming frustrated by widely differing economic impact estimates submitted to her panel.

The city’s Finance Department issued an analysis indicating that the city would have a $41 million negative impact over the 23-year life of the project’s proposed financing. An analysis by the Economic Development Corp., in contrast, indicated a $45 million net benefit over the same period.
Both groups use different ways of evaluating the economics, and Hermann decided to seek additional time to sort out the issue.

Her committee has one more meeting scheduled before the end of the year.

“You just can’t give me a scenario with an $86 million swing,” Hermann said. “I’m not a financial expert. That’s why we have a Finance Department.”

Further complicating matters, Councilman John Sharp, a strong supporter of the Three Trails project, said Funkhouser had received a letter from state officials stating that any state aid for the project was contingent on the city’s granting the Super TIF assistance.

The project seeks $20.7 million in state tax-increment financing and $10 million in state tax credits.
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Old 12-05-2012, 04:17 AM   #151
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I can't believe nothing has been done at that big giant hole in the ground.
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Old 12-05-2012, 06:30 AM   #152
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Nope.. Still vacant. I live 3 blocks from it and have to pass by it everyday.....Still pisses me off. They wont even knock down the buildings.....
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Old 12-05-2012, 06:45 AM   #153
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Originally Posted by Bo's Pelini View Post
Between like Southwest Boulevard and Troost. I said I wouldn't walk alone by myself down Broadway at night and Zach had his period over it.
There's some good places to eat on Southwest Blvd.

Sorry, that's all I got.
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Old 12-05-2012, 06:48 AM   #154
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Who in the hell would have in their right mind thought that Wyandotte county would have EVER been any kind of destination location fifteen years ago?
The Unified Government who was tired of seeing it's mid to higher income residents move to JOCO. The way they planned out Legends, NFM, and the Speedway was brilliant. Too bad Legends has been mismanaged by it's owners and is now facing auction. I hope they are able to pull that together because it's a great destination before or after a game.

They've made some missteps like the waterpark on the wrong side of the highway, the soccer fields potential spot being contaminated. And the casino? Not sure it's even there anymore. I am still torn on whether or not LSP should have been on the other side of Legends. Maybe they couldn't secure that land. The parking at LSP is atrocious but given all of it's other pluses that negative isn't huge.

WYCO did something very good for it's community. I'm glad to see it flourishing and think that a stronger WYCO also makes for a stronger JOCO. If we could just get the morons on the other side of the stateline to get their act together the metro area could become something spectacular. Alas, everything that JACO touches seems to turn into a bigger mess than before they tried to fix it.

I'm just glad WYCO got their act together before they decided to try to build LSP in Lees Summit or Independence. I would not relish having to drive out there three or four times a month.
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Old 12-05-2012, 06:52 AM   #155
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Maybe Kansas should just annex eastern KC area, Western MO.
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Matt once made a very nice play in Seattle where he spun away from a pass rusher and hit Bowe off his back foot for a first down.

One of the best plays Matt has ever made.
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Old 12-05-2012, 06:53 AM   #156
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Maybe Kansas should just annex eastern KC area, Western MO.
Pass.
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Old 12-05-2012, 07:14 AM   #157
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If you go to Bannister Mall, you will get shot and killed to death over a cinnabon. Those criminals love those cinnabons.
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Old 12-05-2012, 07:15 AM   #158
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Originally Posted by |Zach| View Post
I am sorry you are too scared to be in midtown.

Sucks to be you I guess.
I lived in midtown for several years. I moved about 4 years ago. After so many times of having your car broken into, you just get sick of it. After so many times of having guys making lewd comments to my wife when she went jogging, you get sick of it.

For the first time in my life, I'm now a suburbanite. Yes, I know, it's not the cool, hip thing. Sure, the neighborhood isn't diverse enough to get over my white guilt. But I don't have to deal with the BS I dealt with in midtown either. Neighbors arguing at 3am at the top of their lungs, cars bumping bass at 3am. Constantly having my car broken into. Having someone walk by and dent in the side of my car in the middle of the night for no apparent reason. Having someone knock my motorcycle over in the middle of the night for no apparent reason. Reading in the paper about car-jackings, murders and robberies within half a mile from my house on a consistent basis.

It isn't about being too scared to be in midtown. It's about finally realizing that the things I just accepted as normal parts of life aren't actually normal.
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Old 12-05-2012, 07:23 AM   #159
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Quote:
Originally Posted by jjjayb View Post
I lived in midtown for several years. I moved about 4 years ago. After so many times of having your car broken into, you just get sick of it. After so many times of having guys making lewd comments to my wife when she went jogging, you get sick of it.

For the first time in my life, I'm now a suburbanite. Yes, I know, it's not the cool, hip thing. Sure, the neighborhood isn't diverse enough to get over my white guilt. But I don't have to deal with the BS I dealt with in midtown either. Neighbors arguing at 3am at the top of their lungs, cars bumping bass at 3am. Constantly having my car broken into. Having someone walk by and dent in the side of my car in the middle of the night for no apparent reason. Having someone knock my motorcycle over in the middle of the night for no apparent reason. Reading in the paper about car-jackings, murders and robberies within half a mile from my house on a consistent basis.

It isn't about being too scared to be in midtown. It's about finally realizing that the things I just accepted as normal parts of life aren't actually normal.
Ahh that must have been a slightly better neighborhood then I lived in for a few years, its impossible to read the paper when thugs keep stealing it. No reason at all for white guilt either before I moved there I had some but once I moved out of that shithole I had 0.
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Old 12-05-2012, 07:38 AM   #160
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Quote:
Originally Posted by jjjayb View Post
I lived in midtown for several years. I moved about 4 years ago. After so many times of having your car broken into, you just get sick of it. After so many times of having guys making lewd comments to my wife when she went jogging, you get sick of it.

For the first time in my life, I'm now a suburbanite. Yes, I know, it's not the cool, hip thing. Sure, the neighborhood isn't diverse enough to get over my white guilt. But I don't have to deal with the BS I dealt with in midtown either. Neighbors arguing at 3am at the top of their lungs, cars bumping bass at 3am. Constantly having my car broken into. Having someone walk by and dent in the side of my car in the middle of the night for no apparent reason. Having someone knock my motorcycle over in the middle of the night for no apparent reason. Reading in the paper about car-jackings, murders and robberies within half a mile from my house on a consistent basis.

It isn't about being too scared to be in midtown. It's about finally realizing that the things I just accepted as normal parts of life aren't actually normal.
I live in old OP and it's gotten rather diverse around here. That is as far as I'm willing to go while I have children in my home. We lived in the Westport area 30 years ago and were burglarized. I'll pass. I really don't even like my kids hanging out down there and for the most part they don't.

It's about valuing the safety of yourself and your family more than appreciating what an area has to offer entertainment or 'culture' wise. Besides, once you have kids in school you are not staying in the city centers. You are moving to better areas with good schools.
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Old 12-05-2012, 07:49 AM   #161
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I live in old OP and it's gotten rather diverse around here. That is as far as I'm willing to go while I have children in my home. We lived in the Westport area 30 years ago and were burglarized. I'll pass. I really don't even like my kids hanging out down there and for the most part they don't.

It's about valuing the safety of yourself and your family more than appreciating what an area has to offer entertainment or 'culture' wise. Besides, once you have kids in school you are not staying in the city centers. You are moving to better areas with good schools.

and this really what it boils down to. Once you get older and start having a family, peoples priorities change.

If your younger and single, or even older and single, there are certain things you dont have to worry about as much obviously.
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Originally Posted by Cassel's Reckoning:

Matt once made a very nice play in Seattle where he spun away from a pass rusher and hit Bowe off his back foot for a first down.

One of the best plays Matt has ever made.
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Old 12-05-2012, 07:52 AM   #162
soopamanluva soopamanluva is offline
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Ive been in my area 28 years. Ive not had any problems with crime in my area. They need to do something with that big hole in the ground. Turn it into a park, something.... its depressing driving by.
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Old 12-05-2012, 09:40 AM   #163
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Ahh that must have been a slightly better neighborhood then I lived in for a few years, its impossible to read the paper when thugs keep stealing it. No reason at all for white guilt either before I moved there I had some but once I moved out of that shithole I had 0.
You guys are going to hurt Zach's feelings
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Old 12-05-2012, 10:00 AM   #164
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You guys are going to hurt Zach's feelings
Zach is free to live where people break in, steal, rape, rob, murder, pillage and plunder ect. No need to blame those that don't want to.

Last edited by Predarat; 12-05-2012 at 10:28 AM..
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Old 12-05-2012, 10:15 AM   #165
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This is why I lived in southern Johnson county outside city limits before I moved up here and fought being annexed by Overland Park.
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