Update 9/30/2024: I made a mistake in estimating the tax revenue impact of this project. While I originally estimated the city would have brought in $900k in annual tax revenue from the project, upon further review, the impact would have likely been closer to $300k annually. For transparency's sake, I would like to thoroughly explain… Continue reading HDA Plan Rejected; City Loses $300k a Year
Back in December, Kirkwood issued a Request for Proposals on the two city-owned parking lots on Jefferson Avenue, which ultimately yielded six separate proposals for each of the two lots. By mid-June 2024, however, the newly elected City Council reneged on the forward-looking initiative and opted to reject each of the twelve proposals submitted in… Continue reading IPG Boutique Hotel & Parking Proposal Rejected by City
