Economic Development | KCUR

Economic Development

Luke X. Martin / KCUR 89.3

Segment 1: Will redevelopment on a single block of Troost be the bellweather for how the city revitalizes other neighborhoods?

Suzanne Hogan / KCUR 89.3

Segment 1: Is housing really as affordable for Kansas Citians as we say it is?

A new study finds housing in Kansas City isn't as affordable for low-income residents as we would like. We discuss the study, the recommendations for improvement presented to the city council and what is to come.

Segment 2, beginning at 11:55: Goat Yoga. Need we say more?

CitySceneKC / EJ Holtze Corp.

A $63 million boutique hotel that backers say would be the most luxurious in the metro is being proposed across Wyandotte Street from the Kauffman Center for the Performing Arts.

Kevin Collison / KCUR 89.3

Kansas City, Missouri, has long prided itself as an affordable place to live. But a new study commissioned by the city paints a different picture.

The study, commissioned a year ago by the city council, shows that affordable housing options exist for people of high or moderate incomes. But for people who make less than $30,000 a year, options are scarce. 

Samuel King/KCUR

Missouri taxpayers generally have no say and little information about some 400 tax districts across the state, according to a new report from the state auditor.

“The law allows for sales taxes to be charged without a vote. The law allows for a lack of transparency and a lack of accountability," Auditor Nicole Galloway said Wednesday during a news conference in Kansas City.

Caroline Kull

A sweeping proposal to revive the eastern side of Kansas City, Missouri, received support and skepticism from neighbors Wednesday at a public hearing.

Luke X. Martin / KCUR 89.3

Segment 1: Former Kansas City mayor reflects on the impact of downtown development.

Much of the credit for Kansas City's current downtown boom can be placed at the feet of former Mayor Kay Barnes, whose efforts culminated in the creation of the Power and Light District and the construction of the Sprint Center. Nevertheless, parts of town east of Troost still struggle for invesment and redevelopment. We spoke with Barnes about her legacy and the community-building work that's left to be done.

Andrea Tudhope / KCUR 89.3

One thousand new jobs with an average salary of $56,000 could be coming to Overland Park, Kansas, over the next five years.

Shamrock Trading Company promised the paychecks Tuesday with the expansion of its national headquarters at 95th Street across Metcalf Avenue.

But specifics in state and local tax incentives remain to be settled. To help lure the project, officials have offered tax breaks they didn't make public at a press conference about the expansion.

Matthew Long-Middleton / KCUR 89.3

At one point in history, Atchison, Kansas was positioned to be one of the main connecting points for the railways between Missouri and Kansas. The town played an important role in the Civil War, and had many significant residents. But what's going on there today?

KCUR's Central Standard revisits a road trip to Atchison. Come along with us.

Guests:

Herb Hardwick, the chairman of the Central City Economic Development Tax Board in business attire seated before a microphone in the KCUR studio.
Luke X. Martin / KCUR 89.3

Segment 1: How and when will Kansas City use funds from Central City Economic Development Sales Tax?

Burns and McDonnell

Copaken Brooks is proposing a 14-story apartment tower on the southwest corner of 18th and Walnut, a striking addition to the skyline that would replace a crumbling Crossroads parking lot with 132 residences.

The $40- to $50 million project would be the second residential tower developed by the firm in the Crossroads Arts District. The other is the 12-story ARTerra project going up at 2100 Wyandotte.

It’s also a half-block north of the firm’s Corrigan Station office development at 19th and Walnut.

Kevin Collison / KCUR 89.3

The developer of the One Light and Two Light luxury high rises in downtown Kansas City, Missouri, will get tax breaks to build a third luxury apartment tower, Three Light, at 14th and Main streets.

On Thursday, the Kansas City Council in an 8 to 4 vote authorized a 100 percent tax abatement for 23 years to Cordish. 

Edgemoor Infrastructure & Real Estate

Updated 4:30 p.m. Thursday, June 21.

The estimated cost of the new, single-terminal KCI Airport is $300 million more than previously thought, officials said Thursday.

In addition to four more gates, the terminal building itself will be bigger, causing the cost to rise to between $1.3 billion and $1.4 billion.

Aviation director Pat Klein assured the city council during an update that the airlines who use the airport —and who will ultimately be on the hook for the cost — support the increase.

Laura Ziegler / KCUR 89.3 file photo

A plan to build a strip mall on a vacant lot in Kansas City's Historic Northeast neighborhood is drawing the ire of some community groups. 

The lot, at the corner of Independence and Prospect avenues, is on the site where a fire destroyed a building in 2015. Two Kansas City firefighters died when the building collapsed.

Kevin Collison / KCUR 89.3

Developers who ask for tax incentives in Kansas City can claim an apartment that rents for $1,600 a month is affordable — and eligible for incentives.

An ordinance passed by the Kansas City Council on Thursday changes that.

Steven Depolo / Flickr - CC

Segment 1: Keeping kids engaged, fed and healthy during summer months.

Most students are overjoyed when summer break rolls around. But what about the families who rely on school for access to meals, health care and mentorship? Today, we learned about what local school districts are doing to minimize the downsides of students being away from the classroom during the summer months.

A prosthetic hip made from titanium alloy.
Wellcome Images / Welcome Trust

Segment 1: How tax increment financing helps blighted neighborhoods.

Last week, we heard arguments opposed to tax increment financing, a tax abatement measure used to incentivize urban developement. Today, we learned about the benefits of TIF districts, and why supporters say they're a crucial tool to revitalizing our neighborhoods.

DanaWelsch / Wikimedia Commons

Segment 1: What is tax increment financing, and what are its drawbacks?

Tax increment financing districts, known as TIFs, have been a significant tool in Kansas City's development. But could they hurt communities as much as they helps them? In this first of a two-part series on the effects of TIFs, we took a look at opposition to the measures.

Segment 1: The consequences of eviction.

For families, eviction can be a devastating experience. We take a look at eviction in Jackson County and throughout the Metro to find out how it is affecting local households.

Andrea Tudhope / KCUR 89.3

Coming off of a weekend where gun violence dominated headlines, Mayor Sly James didn't shy away from the topic at his seventh "State of the City" address Tuesday at Westport's Plexpod.

James touted the city's progress on infrastructure over the past year, including groundbreakings for both the new airport and new convention hotel and plans for a new Buck O'Neil Bridge underway.

Luke X. Martin / KCUR 89.3

Segment 1: Missouri call for convention of states to amend U.S. Constitution for term limits working its way through legislature.

While Missouri state lawmakers can't be re-elected indefinitely, those elected to serve at the national level don't have such limits, and sometimes hold a seat for decades. Today, we talked about what it would take to get this changed in Washington.

File Photo / Luke X. Martin KCUR 89.3

Segment 1: Why female voices are often overlooked by military historians.

Women make up approximately 15 percent of the military, but they still face obstacles different from their male counterparts. Today, we explored the history of women in the military, including the challenges American female service members have faced in recent years.

Brent Flanders / Flickr--CC

Kansas lawmakers, increasingly skeptical that tax breaks deliver economic wins, looked closely this week at economic incentive programs.

Senators on the Commerce Committee spent several days discussing bills that would add new requirements to sales tax revenue bonds, known as STAR bonds.

STAR bonds allow local governments to borrow money for a building project, and tax collections created by the development are diverted to pay off the loans.

Luke X. Martin / KCUR 89.3

Segment 1: With an international shipping center up and running, the Edgerton mayor's job has gotten a lot more demanding.

Edgemoor Infrastructure & Real Estate

The Kansas City Council on Thursday approved a memorandum of understanding with Maryland-based Edgemoor Infrastructure and Real Estate to build a billion-dollar new terminal at Kansas City International Airport. 

"This is where we were supposed to be," said Kansas City Mayor Sly James following the 8-5 vote.

Edgemoor Infrastructure & Real Estate

Almost a month and a half ago, Edgemoor was on the verge of being dropped as the developer to build a new terminal at Kansas City International airport.

Nine city council members rejected a memorandum of understanding with the Maryland-based developer. A measure had been introduced to drop them from the billion-dollar project altogether and proceed with competitor AECOM.

Edgemoor Infrastructure & Real Estate

Kansas City officials on Thursday weighed in on negotiations for an agreement with Maryland-based Edgemoor Infrastructure & Real Estate to build an estimated $1 billion new terminal at Kansas City International Airport. 

A skeptical city council heard the latest changes to the Memorandum of Understanding — a development agreement that sets out terms, guidelines and landmarks for the project. A previous version of the MOU was rejected by the council late last year and Edgemoor was nearly booted from the project altogether.

Robert Scoble / Flickr — CC

Kansas City did not make the short list to be home to Amazon’s second headquarters.

The $5 billion project, known as HQ2, will bring 50,000 high paying jobs to the chosen city.  

“Thank you to all 238 communities that submitted proposals. Getting from 238 to 20 was very tough — all the proposals showed tremendous enthusiasm and creativity,” said Holly Sullivan, Amazon Public Policy.

Frank Morris / KCUR

It’s a common story: Ambitious kids move from small towns to larger cities, never to look back. When their parents die, the family wealth that’s been built over generations through farming, ranching or agriculture-related businesses often follows the kids, draining the economic lifeblood from those rural communities.

The largest generational transfer of wealth in modern times is expected to happen in the next 10 years and rural foundations in states like Iowa and Nebraska are working hard to retain at least a bit of those hundreds of millions of dollars. 

Edgemoor Infrastructure & Real Estate

Bigger restrooms. Convenient parking. More Outlets. Better food options. 

Residents in Kansas City's Northland weighed in on what they'd like to see included in the design for a new, single terminal at Kansas City International airport. 

More than 100 people attended Thursday night's community design workshop, presented by Maryland-based Edgemoor Infrastructure & Real Estate, the team selected to design, build and finance a new terminal. 

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