Construction on a 115-room Home2 Suites by Hilton in the Crossroads Art District of Kansas City could begin late this year, its developer and operator told the Kansas City Business Journal. Sunflower Development Group of Kansas City is developing the $16-million project for True North Hotel Group.
In April, the Kansas City Council approved condemnation of a Lamar Advertising billboard that needs to be removed to make way for the new hotel.
More city support came on July 9, when the Tax Increment Financing Commission of Kansas City voted unanimously to take the first step toward creating a new TIF district to help finance the project. TIF allows new tax revenue generated by a project to be diverted for up to 23 years to cover eligible development expenses.
The project still will require further city support, including City Council passage of TIF, expected by November, and demolition of a closed ramp that runs across the hotel site from the Main Street viaduct to Walnut Street. J
The hotel's owner and operator are expecting a large volume of federal government offices in the area to account for a large percentage of the hotel's projected occupancy. It expects to open with an average room-night cost of about $106, matching the federal government's per-diem rate for the market.
The hotel is being designed by LawKindgon Architecture of Wichita.