Kansas City Fed gets approval to move to new HQ

President Thomas M. Hoenig of the Kansas City Fed said Monday that the Federal Reserve had approved plans for an estimated $200 million project to build a new headquarters for the Federal Reserve Bank of Kansas City.

Source: Kansas City Star

The Federal Reserve Bank of Kansas City announced Monday it has obtained formal approval from Washington to build a new headquarters near Crown Center. It should open by 2007.

The Federal Reserve System Board of Governors in Washington, D.C., on Friday appro