The Kansas City Royals' preferred downtown stadium site — previously not one of the team's finalists —will require assessing its economic consequences a bit differently.
Community Builders of Kansas City has a $30 million office building at the starting line, but it has struggled to secure financing. To help with potential lenders, the city may backstop some of its debt.
The Kansas City Royals haven't yet announced where they want to build a downtown ballpark, but the East Crossroads appears to be at the top of their list. Given the number of parcels and variety of ownership there, experts say the team could use eminent domain to acquire needed land there.
A city award of surplus tax increment financing dollars is intended to kickstart the Midtown Plaza project's last residential phase, which contemplates more than 200 new residences in place of onetime parking for a former Missouri Gas Energy building.