Kansas City could move to force a historic downtown building that has languished for years into the hands of a new developer.
Mayor Quinton Lucas filed a resolution this week that would begin a process known as receivership on the former Federal Reserve Building, 925 Grand Blvd., a legal maneuver aimed at dealing with blighted properties by prompting action from current owners or ordering control over the property to change hands.
“Since 2008, the old Federal Reserve Bank building has sat empty, left open to the elements, vandals, fires, neglect, and decay,” Lucas said in a statement. “No more. We’re taking action to ensure accountability from property owners and new life in this tower in the heart of our downtown.”
Once the tallest building in Missouri at nearly 300 feet, it’s the former headquarters of the Federal Reserve Bank of Kansas City before the agency moved south of Crown Center in 2008…