Is This Hotel Really Necessary?Richard A. Melcher
The Perot family is in a new real estate dustup--this time over a $124 million, 850-room hotel-and-parking-garage project in Kansas City, Mo. As with their controversial Alliance Airport in Fort Worth, they want heavy public backing for this deal, headed by Ross Perot Jr. Ross Sr. isn't directly involved. Local critics charge the deal is tilted toward the Perots, leaving K.C. burdened with most of the liability if the hotel runs into trouble.
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