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Friday, October 08, 2010

High Bidder May Not Buy Stalled KC-MO Plaza Building

The latest on the doomed Plaza 'West Edge' project according to The KANSAS CITY BUSINESS JOURNAL: high-bidder RED Development may not be able to raise the money they bid for the building.


The KCBJ reports as an irony that the 2nd highest bidder for the West Plaza white elephant- the one the property would revert to if RED can't fund their bid- was the very man who owned the property prior to the building of West Edge- Cecil Van Tuyl- who had previously been rejected in his proposal to build residential units there.
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