Are there ANY developers willing to build in Kansas City MO without handouts?
The latest seeker of property "tax abatement" is Sonoma Development Partners LLC- seeking to have the area around the former Baptist Medical Center (now HCA's 'Research Med Center-Brookside') declared "blighted" by the The Planned Industrial Expansion Authority (PIEA) so Sonoma can build some housing for old folks.Five existing buildings that seem to be in pretty darned good shape would be demolished- says the KANSAS CITY BUSINESS JOURNAL story.
With the shape Kansas City and Jackson county revenues are in- it would SEEM logical to grant NO MORE tax abatements.
But as we all well know- KC-MO government isn't known for it's logic.
________
No comments:
Post a Comment