On-going downtown development projects

Issues concerning Downtown as described by the Downtown Council. River to 31st Street, I-35 to Bruce R. Watkins.
User avatar
Critical_Mass
Western Auto Lofts
Western Auto Lofts
Posts: 540
Joined: Sun Jun 13, 2004 7:56 pm
Location: Crossroads

Re: On-going downtown development projects

Post by Critical_Mass » Fri Dec 08, 2017 11:59 am

kcjak wrote:
DaveKCMO wrote:
Last week’s auction however, only yielded a high bid of $7.9 million so he pulled the Firestone off the market.
Anyone know the market rate value for this property?
$7.9 million, apparently

flyingember
One Park Place
One Park Place
Posts: 6669
Joined: Tue Jul 17, 2012 7:54 am

Re: On-going downtown development projects

Post by flyingember » Fri Dec 08, 2017 12:05 pm

The parcel at 2001 Grand is assessed based on a value of 2,657,500.

If you ever thought there's a disparity between market rate and the real market, this goes to show it.

scooterj
Oak Tower
Oak Tower
Posts: 5819
Joined: Sun Oct 12, 2003 1:30 pm
Location: Northmoor
Contact:

Re: On-going downtown development projects

Post by scooterj » Fri Dec 08, 2017 1:15 pm

atticus23 wrote: I find this building to be very handsome. I like the mix of materials; would make great loft space.

Agreed. And if it had been in the hands of literally another other developer (apart from possibly Copaken), it would have been functioning as great loft space for a decade by now.

kcjak
Valencia Place
Valencia Place
Posts: 1885
Joined: Thu Nov 29, 2007 3:02 pm

Re: On-going downtown development projects

Post by kcjak » Fri Dec 08, 2017 3:25 pm

$7.9 million seemed like a decent offer, just wasn't sure. Even though the building is solid, it still needs things like electrical upgrades and there is currently only one non-service elevator that breaks down weekly. Unfortunately, I see him holding on for a while longer.

loftguy
Bryant Building
Bryant Building
Posts: 3833
Joined: Fri Sep 16, 2005 12:12 pm

Re: On-going downtown development projects

Post by loftguy » Fri Dec 08, 2017 5:03 pm

Turning down $7.9 m. is a reflection of the owners underlying disconnect.

User avatar
grovester
Bryant Building
Bryant Building
Posts: 3683
Joined: Thu Mar 13, 2008 7:30 pm
Location: KC Metro

Re: On-going downtown development projects

Post by grovester » Fri Dec 08, 2017 5:06 pm

The folks that have been sitting on property the longest will be the last to sell. They have been dreaming of the huge payout for years and they're not about to be disappointed.

User avatar
normalthings
Alameda Tower
Alameda Tower
Posts: 1025
Joined: Mon Mar 30, 2015 9:52 pm

Re: On-going downtown development projects

Post by normalthings » Fri Dec 08, 2017 6:09 pm

Des Moines has a 33 Story Tower Proposed. STl has multiple 20-35 Story Towers going up. Yet we can't get buildings like this redeveloped in a timely manner.

User avatar
FangKC
City Center Square
City Center Square
Posts: 12835
Joined: Sat Jul 26, 2003 10:02 pm
Location: Old Northeast -- Indian Mound

Re: On-going downtown development projects

Post by FangKC » Fri Dec 08, 2017 11:16 pm

You can't get them redeveloped if the owner if unwilling to sell at a fair price, and sits on properties for years hoping for some big payday.

shinatoo
One Park Place
One Park Place
Posts: 6059
Joined: Wed Jan 19, 2005 3:20 pm
Location: Lee's Summit

Re: On-going downtown development projects

Post by shinatoo » Sat Dec 09, 2017 9:49 am

That's why we need a land tax or actual value tax like they use in Pennsylvania.
Quocunque Jeceris Stabit

mean
Administrator
Administrator
Posts: 10728
Joined: Wed Feb 05, 2003 9:00 am
Location: Historic Northeast

Re: On-going downtown development projects

Post by mean » Sat Dec 09, 2017 8:09 pm

--bahua, 2003

shinatoo
One Park Place
One Park Place
Posts: 6059
Joined: Wed Jan 19, 2005 3:20 pm
Location: Lee's Summit

Re: On-going downtown development projects

Post by shinatoo » Sun Dec 10, 2017 10:22 am

mean wrote:--bahua, 2003
Correct.
Quocunque Jeceris Stabit

earthling
Bryant Building
Bryant Building
Posts: 4476
Joined: Sun Sep 11, 2011 2:27 pm

Re: On-going downtown development projects

Post by earthling » Wed Jan 10, 2018 12:21 pm

Update: The Yards in W Bottoms, 232 units, mentions some space for retail, breaking ground in March...
https://cityscenekc.com/the-yards-break ... l-project/

More lego utilitarian buildings posing as minimalism. Fine I suppose for this location but it is pretty bland. At least 232 more units and retail, right...
Image

grecobs
Pad site
Pad site
Posts: 85
Joined: Fri Apr 25, 2014 11:53 am

Re: On-going downtown development projects

Post by grecobs » Wed Jan 10, 2018 1:09 pm

This is a big bet on the future of the west bottoms, which has been incredibly slow to develop and lacking any type of retail or new construction.

Yes, this is a pretty bland building, but’s it’s removing a service parking lot, adding 200+ housing units, hopefully increasing essential retail (bank, convenience store, etc.) that the area does not have.

earthling
Bryant Building
Bryant Building
Posts: 4476
Joined: Sun Sep 11, 2011 2:27 pm

Re: On-going downtown development projects

Post by earthling » Wed Jan 10, 2018 1:37 pm

Yeah no complaints for this location but ideally this doesn't establish a pattern for more cinder block looking buildings around downtown. Scattered about OK but ideally not a new norm.

User avatar
Highlander
Mark Twain Tower
Mark Twain Tower
Posts: 8997
Joined: Mon Jun 28, 2004 1:40 pm
Location: Houston

Re: On-going downtown development projects

Post by Highlander » Sat Jun 23, 2018 3:28 pm

So what's the crane count right now downtown? Two at the Loew's convention hotel, 1 at the 16th Main hotel and 1 on hospital hill. Any more?

I know there was a crane at the Copaken residential project but that has topped out.

User avatar
DaveKCMO
Global Moderator
Global Moderator
Posts: 16505
Joined: Sun Nov 27, 2005 6:22 pm
Location: Crossroads
Contact:

Re: On-going downtown development projects

Post by DaveKCMO » Sat Jun 23, 2018 9:57 pm

ARTerra still has one crane up.

miz.jordan17
Strip mall
Strip mall
Posts: 104
Joined: Tue Apr 26, 2016 1:11 pm

Re: On-going downtown development projects

Post by miz.jordan17 » Wed Jul 18, 2018 1:06 pm

KCMax wrote:I just wanted to keep an updated sticky for on-going development projects in downtown KC (let's define that loosely as the River Market-Crossroads-Plaza Corridor). I would like to continually update this.

I would like to keep this to concrete proposals (even if they don't come to fruition) rather than abstract concept.

Also see, KCDowntown's wonderful downtown development map.

....

Last updated: April 18, 2014

I really like this map, and although the city has its development tracker that shows the whole city, it would be really nice if this map showed the whole city's development along the existing streetcar route and proposed route. I understand this might be daunting to add all of the projects, but I would be willing to help.

bspecht
Parking Garage
Parking Garage
Posts: 47
Joined: Tue Jun 16, 2015 4:31 pm
Location: DC
Contact:

Re: On-going downtown development projects

Post by bspecht » Wed Jul 18, 2018 3:33 pm

miz.jordan17 wrote:
KCMax wrote:I just wanted to keep an updated sticky for on-going development projects in downtown KC (let's define that loosely as the River Market-Crossroads-Plaza Corridor). I would like to continually update this.

I would like to keep this to concrete proposals (even if they don't come to fruition) rather than abstract concept.

Also see, KCDowntown's wonderful downtown development map.

....

Last updated: April 18, 2014

I really like this map, and although the city has its development tracker that shows the whole city, it would be really nice if this map showed the whole city's development along the existing streetcar route and proposed route. I understand this might be daunting to add all of the projects, but I would be willing to help.
This one tracks a little further out: https://www.google.com/maps/d/u/0/edit? ... 36522&z=14

User avatar
KCDowntown
Colonnade
Colonnade
Posts: 810
Joined: Tue Oct 08, 2002 2:17 pm

Re: On-going downtown development projects

Post by KCDowntown » Thu Jul 19, 2018 12:18 am

miz.jordan17 wrote: I really like this map, and although the city has its development tracker that shows the whole city, it would be really nice if this map showed the whole city's development along the existing streetcar route and proposed route. I understand this might be daunting to add all of the projects, but I would be willing to help.
Yo, it's nice to hear someone else is looking at the map of downtown development that I've kept up with for the last couple of years. Sometimes I wonder if it is just me looking at it.

With the streetcar extending south, I've thought about opening it up past 31st (which is what I personally think of as the southern border of downtown). I'll start to add things that come up, and over time add in the historical ones as well. Eventually, I'll get it comprehensive.

KCDowntown

shinatoo
One Park Place
One Park Place
Posts: 6059
Joined: Wed Jan 19, 2005 3:20 pm
Location: Lee's Summit

Re: On-going downtown development projects

Post by shinatoo » Thu Jul 19, 2018 8:13 am

KCDowntown wrote:
miz.jordan17 wrote: I really like this map, and although the city has its development tracker that shows the whole city, it would be really nice if this map showed the whole city's development along the existing streetcar route and proposed route. I understand this might be daunting to add all of the projects, but I would be willing to help.
Yo, it's nice to hear someone else is looking at the map of downtown development that I've kept up with for the last couple of years. Sometimes I wonder if it is just me looking at it.

With the streetcar extending south, I've thought about opening it up past 31st (which is what I personally think of as the southern border of downtown). I'll start to add things that come up, and over time add in the historical ones as well. Eventually, I'll get it comprehensive.

KCDowntown
I check in every couple of weeks. Really appreciate the work.
Quocunque Jeceris Stabit

Post Reply