Tax Breaks For Construction Of Hyatt Hotel A Hot Bone Of Contention For Kansas City

What is progress for some can be ruin for others. For example, when a Walmart store moves into a town, all the little-guy stores suffer.

However, the convention association and its supporters–like the mayor– take the position that another major hotel in downtown Kansas City will bring big national conventions to Kansas City. These folks want to offer tax incentives to bring a proposed 225-room Hyatt Hotel near the Country Club Plaza to downtown. But last the Kansas City Convention & Visitors Associati have begged to differ.

Kevin Collison wrote the story on July 30, 2012, and posted it on the Kansas City Star website under the headline, “KC tax incentives for proposed Plaza hotel get bashed.” (Learn about the benefits of hiring a talented
Kansas City irs attorney from Siegel Tax Law)

Collison quoted Rick Hughes, president of the association as saying, “It’s really phenomenal about the amount of blight at the Plaza that we’re looking at this.” He added that the future 12-story luxury project at 46th Terrace and Pennsylvania Avenue would “cannibalize” existing Plaza area hotels.

Collison quoted Bill Lucas, a convention association board member and executive advocating for the Sheraton and Westin hotels, projected that a Hyatt would run at 64 percent occupancy and divert business from other Plaza area hotels, such as the Marriott and InterContinental. “The question is, should public money be provided for a hotel that will dilute the market?”

It’s tough to stand up to the big boys, though and the Hyatt will probably win out in the end.

Posted in Legal