by Michael J. Shapiro | June 22, 2017
Loews Hotels & Co. will partner with KC Hotel Developers to build a new Kansas City, Mo., convention center hotel, a property that has been in the planning stages for the past few years. The partners expect to break ground on the project this fall and open for business in early 2020.
"Adding to our hotel landscape with a new convention center hotel is very exciting for Kansas City," said the city's Mayor Sly James. "To be able to leverage Loews Hotels' reputation and that of its chairman, Jonathan Tisch -- one of the biggest advocates for the travel and tourism industry -- is an added bonus for our entire destination."
The property was originally slated to be a Hyatt, which developers had announced in 2015. But Loews offered to invest more in the project, according to the Kansas City Star, a key factor in brand negotiations. "With their substantial equity investment and their management expertise, we have a complete alignment of interests in making sure the hotel is financed, built and operated successfully," said Mike Burke, principal at KC Hotel Developers.
The 800-room Loews Kansas City Convention Center Hotel promises a lobby bar, two restaurants, an indoor pool, and 60,000 square feet of meeting and event space. The facility, which will connect directly to the Kansas City Convention Center via a new bridge, also will be within walking distance of the Kansas City Power & Light District, the Sprint Center, the KC Streetcar and the Kauffman Center for the Performing Arts.
"At Loews, we carefully and deliberately choose which markets to enter, and we are extremely pleased to have the opportunity to add to our Midwest footprint," said Loews chairman and CEO Jonathan M. Tisch. "Kansas City is a vibrant destination, and we look forward to investing in and becoming an active part of the community."
Hotel construction is expected to create about 1,400 jobs, and an additional 500 jobs when the hotel opens.