The Tax Increment Financing Commission of Kansas City on Wednesday approved a development agreement for a proposed downtown convention hotel, a step that backers described as a sign of progress toward realizing the long-sought project.
If all goes as planned, the developers of the $311 million, 800-room Hyatt think they could cut the ribbon on the city’s first convention hotel since 1985 around September 2019.
Not everything has gone according to script since the hotel was first announced in May 2015. The project is about a year behind the original schedule, owing to a number of factors.
Still, KC Hotel Developers LLC remain confident that the hotel will break ground next spring.
Read more: Kansas City Star