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The Nexus
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Crown Center

Coverage of Crown Center in the Nexus archive.

Earliest in view: Aug 14 · 11:00 UTCMost recent: Aug 25 · 10:50 UTC
Co-mentioned in this coverage
Royalsorganization2Kansas City Councilorganization2Mayor Quinton Lucasperson2Missouri Workers Powerorganization1City Manager Mario Vasquezperson1Johnathan Duncanperson1TIFtopic1Kauffman Stadiumplace1Hallmarkorganization1tax-increment financingtopic1
Recent coverage
  • POLITICSAug 25 · 10:50 UTCMISSOURI INDEPENDENT
    Kansas City conjured a Royals deal without voter approval. That comes at a price

    The Kansas City Council voted to provide a $600 million subsidy for a new Royals ballpark at Crown Center, totaling $1.9 billion. Critics point out that while the deal is structured as a tax-increment financing (TIF) plan, which supposedly pays for itself, the city guarantees repayment of the debt. If the development does not generate enough tax revenue, payments could detrimentally affect city services for up to three decades.

  • POLITICSAug 14 · 11:00 UTCMISSOURI INDEPENDENT
    As Kansas City Council rushes towards a Royals stadium vote, key questions go unanswered

    Kansas City officials are pushing for a vote on a deal to help finance the Royals' proposed $1.9 billion ballpark at Crown Center. Kansas City intends to fund $600 million of the cost, which would require drawing tax revenue through a tax-increment financing deal over 30 years. Concerns remain among some council members and the public regarding limited disclosure on funding sources, community benefits, and public oversight.