Downtown Convention Hotel unanimously passes council, 13-0.
Construction to start early next year and finish in 2018.
Update: News Coverage
KC Biz Journal: KC convention hotel financing wins resounding final approval
"During what was the final legislative session for nine of its members, the Kansas City Council on Thursday approved a multifaceted financing package for the proposed $311 million downtown Hyatt convention center hotel.
The 13-0 vote, which followed the recommendation Wednesday by a council committee, is expected to allow construction of the long-awaited, 800-room facility to begin early next year. Completion is expected by 2018.
In March, when KC Hotel Developers LLC and the city first announced the project, City Manager Troy Schulte expressed a desire for all council hurdles to be cleared before Aug. 1, when newly elected council members will take office and six current members who have reached the end of their term limits will exit."
KC Star: It’s full speed ahead for new convention hotel after KC Council’s vote
After more than two decades of studies and unfulfilled plans for a new downtown convention headquarters hotel, Kansas City is finally on the verge of making the project a reality.
The Kansas City Council on Thursday unanimously approved a financing deal to build an 800-room Hyatt Hotel just east of the Bartle Hall Grand Ballroom. It was one of the final acts of the current council, with nine of the 13 members prepared to leave office before a new term begins Aug. 1.
“There is never going to be in my opinion another opportunity,” Mayor Sly James said, to get such a good partnership between the city and private developers for a new hotel. “Ain’t going to get any better than this.”