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City Communications Office

City of Kansas City, Mo.

www.kcmo.org

FOR IMMEDIATE RELEASE: Sept. 23, 2011

City and Port Authority complete riverfront land transfer

The City of Kansas City, Mo., and the Kansas City Port Authority are announcing the completion of a land transfer involving property along the riverfront. The transfer, authorized by the City Council, conveys fee simple title to 68 acres of land along the riverfront near the Heart of America and Kit Bond bridges from the City to the Port Authority. As a result of this transfer, the Port Authority now owns a total of 120 acres along the downtown riverfront.

“While the Port Authority had previously controlled the land through a long-term lease, this transfer will simplify future development efforts,” said City Manager Troy Schulte. “This is a concrete step toward bringing vitality to the riverfront, which played an important part in our city’s early development and can contribute to our city’s future.”

The riverfront site once served as a dump for building and other city debris. In 1997, the Port Authority was tasked to lead environmental remediation work at the site. Over a period of 10 years, crews cleared the riverfront of hazardous materials, and in September 2007, the Missouri Department of Natural Resources issued a “no further action” letter declaring the remediation complete and site suitable for redevelopment.

“The Port Authority has been working closely with the City since the Berkley administration to transform the downtown riverfront into a vibrant, mixed-use economic engine for the City,” said Michael Collins, president of the Port Authority. “Its location at the doorstep of our central business district, along with unique development assistance tools like the Port Improvement District and the ability for developers to work with a single landowner to negotiate agreements, should make it even more attractive. We thank the City for entrusting the Port Authority as its partner on this project and look forward to our continued partnership to market this parcel and bring to fruition a riverfront development of which Kansas City can be proud.”

This transfer is the latest milestone in the Port Authority’s revitalized push to serve as a catalyst for economic redevelopment in Kansas City, Mo. Another milestone was achieved on July 1, 2011, when the Port Authority and City celebrated the completion of Kansas City’s newest and greenest roadway, the Front Street Extension, linking Grand Boulevard to the Kit Bond Bridge. The Front Street Extension terminates at a recently redesigned, high-efficiency interchange that affords quick and easy access to Interstates 29 and 35, US Highway 71 as well as the River Market and Central Business District.

Media inquiries about the land transfer and the Kansas City Port Authority should be directed to Michael Collins, mcollins@kcportauthority.com, or Justin LaBerge, APR, 785-766-5688 (mobile) or justin@sturgesword.com.

Media inquiries about the City of Kansas City, Mo., should be directed to Dennis Gagnon, City Communications Office, at 816-513-2659 or dennis.gagnon@kcmo.org.

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City News Releases - 2011
 

 
 
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