- Missouri Governor Mike Parson signs legislation providing $28.6 million for a park over Interstate 670 in downtown Kansas City.
- The 4.6-acre park is part of the $200 million South Loop Project.
- The project aims to connect downtown Kansas City to the Crossroads Arts District.
- Funding includes contributions from the state, federal omnibus bill, Kansas City, and private businesses.
- The park’s construction could begin as early as next year if funding goals are met.
Missouri’s Big Leap: A Park Over Downtown KC Interstate
In a significant move for Kansas City’s urban landscape, Missouri Governor Mike Parson has signed off on a $28.6 million legislation to construct a park over a section of Interstate 670 downtown. This 4.6-acre green space is a pivotal component of the ambitious $200 million South Loop Project, envisioned to seamlessly connect downtown Kansas City to the vibrant Crossroads Arts District.
Pooling Resources for Urban Revitalization
The state’s contribution is matched by another $28.6 million sourced from a federal omnibus bill. Additionally, Kansas City has pitched in $10 million. Emphasizing the collaborative nature of the project, Parson remarked on the importance of partnerships between the city, state, and private sector to shape the region’s future.
Private businesses in Kansas City have also shown their support, with notable contributions from H&R Block Inc. ($10 million) and Loews Hotels & Co. ($5 million). Local property owners have added another $3.6 million to the pot. To further boost funding, Kansas City is seeking $15 million in state tax credits from the Missouri Development Finance Board, potentially spurring around $30 million in private donations.
On the Horizon: A Green Downtown
With the current committed funds nearing $115 million, the project’s backers are optimistic. If capital commitments hit the $135 million mark by January, Kansas City residents could witness the commencement of park construction as early as next year. The icing on the cake? The park might be ready to welcome visitors by the 2026 World Cup.
The Breezy Take
Kansas City’s vision of a park over its downtown interstate is more than just an infrastructural upgrade; it’s a testament to the power of collaboration. By pooling resources and fostering partnerships, the city is on the cusp of creating a green oasis that promises urban revitalization and community bonding. As cities worldwide grapple with urbanization challenges, such initiatives offer a blueprint for sustainable and inclusive development.
Original article: https://www.missouribusinessalert.com/government/city_county/governor-signs-bill-to-add-28-6-million-toward-park-over-downtown-kc-interstate/article_4c09379e-2f42-11ee-b89a-17c5f4c78aed.html?fbclid=IwAR0AON0QqxzLHMoTKMUZQ19Q6G787Hg55_E3-rQN_4O-P8C7CPu00v8hheg
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