THIS WEEK: Friday, June 28th 2013 @ 7:30 pm
(Rebroadcast Sunday @ 11 am )
Metro’s Ghost Malls: Bannister Mall was closed in 2007 and demolished in 2009. Four years later, it remains a flattened weed filled lot. Now the second largest mall in our metro, Metro North mall is barely hanging on for life. But developers are hoping to avoid Bannister Mall’s fate. They’re now proposing to demolish the mall on Northwest Barry Road and rebuild a brand new $200 MILLION mall on the same site. Why would they want to do that when the current mall is not working? We look at the changing face of retail in Kansas City.
SPRINT DEAL FINALLY APPROVED: One of Kansas City’s longest running sagas comes to an end this week as shareholders of hometown Sprint give the thumbs up to a merger deal with one of Japan’s largest cell phone companies, Softbank. But what does the $21.6 billion deal mean for Kansas City? And why should you care?
JACKSON COUNTY APPRAISAL MESS ESCALATES: It’s gotten so big the man in charge of appraisals has resigned. About a month ago on this program, we examined problems with thousands of property appraisal notices going out in Jackson County. That’s when some homeowners were seeing appraisals 5 times as high as last year’s. Now an independent consultant hired to fix the mess finds the problem is three times worse than previously announced. How did things go so terribly wrong?
UMKC BIG ANNOUNCEMENT: Philanthropist Julia Irena Kauffman announces a $20 million challenge grant that she hopes will jump-start what would be a $90 million project to move the UMKC Conservatory of Music and Dance downtown.
NIXON PLANE: Missouri’s new $5.6 million airplane used by Governor Jay Nixon was a “wasteful purchase” according to a new state audit. The King Air 250 is not a justified government purchase, according to the state auditor’s office when the state already owned five passenger planes which were already underutilized. The audit report also claimed no formal written analysis was conducted before the plane was purchased last December.
THIS WEEK’S NEWS REVIEWERS:
Economist, Armada Corporate Intelligence
Follow Nick Haines on Twitter @NickHainesKCPT or connect on Facebook