– 150-foot Ferris wheel unexpectedly appears on the horizon in Kansas City, Missouri
– Pennway Point development, on the east edge of the Westside, is in its construction phase
– The Ferris wheel did not benefit from tax breaks
– Possibility of tax breaks for the forthcoming entertainment district surrounding the Ferris wheel
Kansas City Gets A Surprise Attraction
In what might be classified as a silent spectacle, Kansas City’s skyline on Interstate 35 was randomly adorned with a 150-foot Ferris wheel. Unbeknown to many residents and commuters, this Ferris wheel was, in fact, the unexpected harbinger of the on-going Pennway Point development that lies on the eastern fringes of the Westside.
The Ferris Wheel That Came Out Of Nowhere
As many rubbed their eyes in astonishment, it quickly transpired that the Ferris wheel did not just drop from the sky. Indeed, the wheel is the proverbial beacon announcing to Kansas City and its residents about the much-anticipated Pennway Point development. Hidden in the shadows for years, this project is now squarely in the spotlight thanks to its whimsically rotating forebearer.
No Tax Breaks For The Flying Attraction
In a noteworthy confession, it was revealed that the Ferris wheel, despite being a tantalizing spectacle, did not benefit from tax breaks. This raised some eyebrows, considering the possible economic implications of such a massive project. However, it seems the wheel is rolling along just fine without it.
Potential Tax Breaks For The Future Entertainment District
Despite the Ferris wheel’s seemingly disadvantaged fiscal stance, rumors are swirling that the forthcoming entertainment district—the pulsating heart of the Pennway Point development—might receive a tax break. While details surrounding this possible economic boon are still hush, it could provide some much-needed traction for the entertainment hub.
The Breezy Take
This tall tale of Kansas City’s new Ferris wheel teaches us the importance of a grand entrance. Despite the lack of tax breaks, the eye-catching spectacle serves as a surprising and effective marketing tactic for the previously unknown Pennway Point development. While the wheel did not reap any fiscal incentives, its role as an ambassador for the wider project could ultimately be worth much more—especially if the rumoured tax breaks for the entertainment district come to fruition. There’s no doubting that all eyes will be on this development as we turn the corner into its next exciting phase.
Original article: https://kcbeacon.org/stories/2023/09/25/kansas-citys-new-ferris-wheel-didnt-get-tax-breaks-but-the-surrounding-entertainment-district-might/