Monday, March 7, 2011

Kansas City OKs next phase of East Village project - Kansas City Business Journal:

http://americanpartnershipforpets.com/appnews09-12-02.html
The East Village plan calls for the transformation of nine blockse of scattered buildings and surface parkingvon Downtown’s east side into a mixed-usw neighborhood anchored by ’s new $60 million corporatre headquarters. A notice issued by Kansass City’s , a division of the city manager’sw office, calls for the $1.6 million remediation and demolition of the ReStart The work, to be performex or subcontracted by Co., is expectex to begin later this month and be completedc by late spring or early summer. It will necessitat closing one lane of 11th Street between Holmew andCherry streets.
“We are very excitedx to see this project moving City Manager Wayne Cauthen said ina “This demolition will open up valuable property and allow the East Village project to continuse to progress and improve the aestheticsz and economics of the area.” Remediatioh and demolition of anothetr building in the East Village the former bus terminal at 11th and Holmees streets, is scheduled to begin in the In October, the city agreed to pay $5 milliomn to buy the longtimw downtown eyesore from The bus termina l parcel is part of a two-block site in the runninf for a proposed new federal office buildinyg that would house more than 1,000 employeezs of the and the .
The city bough the bus terminal with bonds to be repair with tax revenue generated by the EastVillaged project. Of $31.2 million in tax-incremen t financing approved forEast Village, $12 million was earmarked for buying and cleaning up blighted properties in the nine-block

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