In some ways, Lawrence leaders may be too focused on creating affordable housing, Mayor Mike Dever told a crowd of real estate professionals on Tuesday. “I’m trying my best to change the word ‘affordable,’ and just say ‘attainable’,” Dever said. “If you want a house, there should be one there to buy. I don’t care if it is $250,000 or $2.5 million. We don’t have enough of them.” Dever ...
There are early-stage plans to build a 95-room upscale hotel at 11th and Massachusetts streets to complement the soon-to-open 1,000-person convention center at the University of Kansas’ football stadium. Lawrence businessman Tony Krsnich — the developer of the Warehouse Arts District in East Lawrence — owns the former Allen Press property at the northeast corner of 11th and Massachusetts streets. He told ...
Later this month, KU will end its 2025 fiscal year having nearly eliminated a $50 million budget deficit on its Lawrence campus. There won’t be much time to party, though. The university is projecting a more than $20 million deficit for the next fiscal year, as a new set of financial challenges have emerged. “As expected, it worked and we got to where we needed to go,” University of Kansas Chancellor ...
The house has come down on college athletics. Named after a suing student-athlete, the class action lawsuit commonly known as House v. NCAA had its long-awaited settlement approved earlier this month. Beginning July 1, college athletic programs can start handing out about $20.5 million worth of annual payments to their student-athletes. Schools aren’t obligated to make the payments, but — as athletic ...
There was an expectation Thursday that the chancellor and university presidents might get raises from the Kansas Board of Regents. Instead, Regents delivered — without any discussion — a new policy on how the leaders of the state’s universities should be paid, and left open the question of whether those raises are yet to come. In their final regularly scheduled meeting of the state’s fiscal year, ...
The summer season is sometimes dreaming season at the state’s universities, and KU has added the idea of a multimillion-dollar center to spur the production of energy in Kansas to its wish list. A request for $10 million in state funding to help create the Kansas Center for Energy Production on KU’s Lawrence campus is among more than 20 ideas that potentially could be submitted to the Kansas Legislature ...