The rezoning of 1.5 acres goes to the full council today for final approval.
The project is generally on part of a block bound by Broadway, W. 46th Street, W. 46th Terrace and Wornall Road.
In this compromise version, it would include 132 hotel rooms, 175 apartment units and about 35,000 square feet of ground level retail and restaurant space.
The original project calling for a 13-story and 12-story building stalled after opposition. After the height reductions and other changes, the City Plan Commission approved it last month.
Neighbors spoke in favor of it Wednesday before the council committee, with reservations.
Tom Davis, a condo owner in the area, noted that the reduced project was approved under the old area plan before the new Midtown Plaza area plan.
The project by Plaza Hotels LLC was grandfathered in under the old plan because it was in the works before the new one was passed.
Davis and other neighbors said any future development must follow the new plan.
And some other developers, eager to pile high density apartments in the area, will see the approval of this project as an opening, he said.
“This is going to be an invitation to come in and ask for the sky,” Davis said, and neighbors and city officials must hang tough with the new plan.