June 24th, 2009 12:28 PM by AJ Gentry
There won't be any P&L condos in the P&L District. The former developer, Steve Brettell, couldn't make the numbers work in this economy. However, Ron Jury, who redeveloped the historic President Hotel four years ago, wants to buy the building and rennovate it into a 1017-room hotel. Jury says, "It's time to restore a historic icon that's veen sitting there underutilized for 20 years."
The price tag is estimated at $350 million. The Kansas City council is reviewing it along with a proposal that calls for a 1000-room convention headquarters hotel by 2013.