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In Kansas City’s Crossroads, here’s who wins and who loses with Royals ballpark plan

Posted on AllSides February 14th, 2024
From The Center

Among the bigger winners of the Kansas City Royals site-selection sweepstakes on Tuesday was Matt Abbott, who owns dozens of properties in the Crossroads, including several that lie in the footprint of the proposed ballpark. If the public vote passes in April, Abbott will see a cash windfall from the sale of buildings that will be demolished to make way for the stadium, and his properties that aren’t razed will likely benefit from a rise in property values. Reached by phone Tuesday, Abbott was effusive about the Royals’ announcement. “I...

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