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Posted: Friday, 17 February 2017 11:09AM

Kemper Arena sold to developer of amateur sports complex



KANSAS CITY, Mo. — Kemper Arena is one step closer to becoming an amateur sports complex.

The Kansas City Council voted Thursday to sale the arena to Foutch Brothers developers for $1. That will allow Foutch to pursue about $8.3 million in historic tax credits and other financing.

The Kansas City Star reports (http://bit.ly/2m3sM1Y ) CEO Steve Foutch says construction could start by the end of April.

The $25 million to $30 million project would more than double the arena's capacity for indoor soccer, basketball, volleyball, gymnastics and other sports.

The arena will be renamed Mosaic Arena. Mosaic Life Care will have a public clinic in the arena that will include specialists in sports medicine.

The 42-year-old arena has been mostly empty since the Sprint Center arena opened in downtown Kansas City in 2007.

AP News
02/17/2017 11:12AM
Kemper Arena sold to developer of amateur sports complex
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