Economic Development Futures Journal

Wednesday, May 14, 2003

counter statistics

Federal Reserve Bank of KC on the Move

The Federal Reserve Bank of Kansas City has out-grown its downtown building and is looking for new space. KC economic developers are trying to keep the Bank downtown, but it may relocate to the city's Midtown area outside of downtown.

Even Federal agencies are facing growing pressures to contain costs. It would be a shame to see the Bank leave KC's downtown area, which like many big city downtowns, has struggled over the years. Many cities, including Cleveland, have used their federal facilities as important anchors for revitalizing downtowns. Hopefully that can be the case in KC.

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