After $41 million, city is done investing in WaterWalk

The WaterWalk project has struggled to meet expectations

After 7 years, the WaterWalk project still struggles to meet expectations

The Eagle’s Bill Wilson wrote today that:

Wichita city officials say they’re eager to see entrepreneur Jack DeBoer’s plans for WaterWalk, the embattled 7-year-old downtown development along the Arkansas River.

But they sent a message to DeBoer on Wednesday: There’s no more money available to help kick-start a mixed-use project bogged down from the beginning, first by city funding issues and more recently by the lack of credit available for business deals.

3 Comments

  1. mrcontroversy
    Posted October 22, 2009 at 12:39 pm | Permalink

    So, when does DeBoer buy us out?

  2. ColtDucksnort
    Posted October 22, 2009 at 2:14 pm | Permalink

    What a frigging mess.

    This is a the biggest boondoggle the city has ever blundered into.

    41 Million?

    Someone needs to be punished over this deal what a waste of taxpayer money.

  3. Whitey47
    Posted October 22, 2009 at 3:42 pm | Permalink

    $41M? Just think how much Valium that could have bought. Take your medicine, and SHUT UP! Enjoy your new Intrust Arena. IF you can find a parking space. Or afford one. When is Wichita going to quit going into business with developers? Why not just stand on the corner and hand out the money to passing traffic? Didn’t DeBoer have another financial fiasco with his apartments empire some 30yrs ago? ( The house that Jack built! )

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