On-going downtown development projects
Posted: Thu Feb 07, 2013 12:34 pm
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.
Here are just a few projects - please help me fill this out.
1515-1517 Walnut St
Developer: Jay Tomlinson
Sq foot:
Project cost: $1.76 million
To become: 7 apartments + penthouse
Tax incentives: 10 year PIEA tax abatement
Completion date: End of 2013 (STATUS: COMPLETE)
http://kcrag.com/viewtopic.php?p=506982#p506982
1914 Main
Developer: Linden Street Partners of Boulder
Sq foot:
Project cost: $10 million
To become: 45-50 apartment units with first floor retail and restaurant
Tax incentives: Possibly
Completion date: ?
http://forum.kcrag.com/viewtopic.php?f=15&t=19221
215 W. Pershing
Developer: Jason Swords, Sunflower Development
Sq foot: 10 stories
Project cost: $18 million
To become: First floor retail, part of the rest to be converted to 55 market rate apartments
Tax incentives: TIF, possible historic tax credits
Completion date: ?
http://forum.kcrag.com/viewtopic.php?f=18&t=19040
51st and Main Apartment Project
Developer: Caymus Real Estate, Land Development Strategies and DST Realty
Sq foot: 9,500 of retail, 1,000 for fitness center and 1,500 for clubhouse, 204 luxury housing units
Project cost: $39 million
To become: 204 housing units, fitness center, retail
Tax incentives: None
Completion date: Mid-2014
http://forum.kcrag.com/viewtopic.php?p=456201#p456201
Apex at Quality Hill - Jefferson and Kirk Drive
Developer: Cityscape Residential
Sq foot: Two buildings
Project cost: $120 million (combined with Summit at Quality Hill and Crossroads Westside)
To become: 130 residential units
Tax incentives: Seeking 25 year PIEA tax abatement
Completion Date: End of 2015
http://kcrag.com/viewtopic.php?f=15&t=19447
Argyle Building - 12th and McGee
Developer: Arghom LLC
Sq foot: 117,000
Project cost: $19.5 million
To become: 126 market rate apartments and 8700 square feet of ground floor commercial space
Tax incentives: 25 year PIEA tax abatement, $5.5 million in federal and state historic tax credits
Completion date: 2014
Ambassador Apartments - 3560 Broadway
Developer: MAC Properties
Sq foot: 9 stories
Project cost: ?
To become: 116 studio units + ground floor retail
Tax incentives: State and federal historic tax credits
Completion date: Early 2015
http://forum.kcrag.com/viewtopic.php?f=18&t=16557
Bellerive Apartments - 214 E. Armour
Developer: MAC Properties
Sq foot:
Project cost:
To become: 150 apartments
Tax incentives: State historic tax credits, property tax abatement.
Completion date:
http://forum.kcrag.com/viewtopic.php?f=18&t=16557
Bemis Bag Building - 9th and Wyoming
Developer: Gary Hassenflu
Sq foot: 175,000
Project cost: $20 million
To become: 100 apartments
Tax incentives: Plan to see PIEA tax abatement and federal and state historic tax credits and affordable housing tax credits
Completion date: 2014
http://forum.kcrag.com/viewtopic.php?p=494459#p494459
Centropolis on Grand - 5th and Grand
Developer: KC Commercial Realty Group
Sq foot: Five stories
Project cost: $8 million
To become: 56 apartment units
Tax incentives: 25-year property tax abatement
Completion date: 2015
http://forum.kcrag.com/viewtopic.php?f= ... 7&p=523222
Colonial Court Apartments - 46th and Jefferson
Developer: Price Development
Sq foot: 17 buildings, 82 apartments on 2.5 acres
Project cost: ?
To become: Residential
Tax incentives: ?
Completion date: ?
http://forum.kcrag.com/viewtopic.php?f=18&t=19137
Columbus Park Redevelopment - between 3rd and 5th, and Cherry to Gillis in Columbus Park
Developer: Columbus Park Developers LC
Sq foot: 370 residential units and 20,000 sq feet of commerical space
Project cost: $100 million
To become: Residential and commercial
Tax incentives: $18 million in public support, $1.8 mill from city in infrastructure improvements
Completion date: ?
http://forum.kcrag.com/viewtopic.php?f=15&t=2271
Commerce Tower - 911 Main
Developer: Michael W. Knight
Sq foot: 30 stories
Project cost: $71 million
To become: Part will be converted to residential
Tax incentives: 10 year, 100% tax abatement, $23 million in historic tax credits, $2.8 million in brownfield tax credits, $623,000 in demolition tax credits
Completion date: Spring 2015
http://forum.kcrag.com/viewtopic.php?f=15&t=5152
Congress Building - 35th and Broadway
Developer: Del Hedgepath
Sq foot:
Project cost: $10 million
To become: 45 apartments, ground-level retail
Tax incentives: Applying for PIEA tax abatements
Completion date:
http://forum.kcrag.com/viewtopic.php?f=18&t=19188
Cordish Apartments - 13th and Walnut
Developer: Cordish Co.
Sq foot:
Project cost: $70 million
To become: 23 story apartment tower with 318 units
Tax incentives: $8 million cash subsidy (some used for Midland Tower); 25 year PIEA tax abatement
Completion date: 2015
http://forum.kcrag.com/viewtopic.php?f=44&t=18191
Corrigan Building - 1828 Walnut
Developer: Alan Waterman
Sq foot: 9 floors
Project cost:
To become: Apartments with ground-floor commercial.
Tax incentives: TIF, possible tax abatement and historic tax credits
Completion date: ?
http://forum.kcrag.com/viewtopic.php?f=15&t=19141
Cosby Hotel - 9th and Baltimore
Developer: Jason Swords, Sunflower Development Group
Sq foot: 15,000
Project cost: $2.88 million
To become: Mixed-use - Bakery/Deli first floor, office space remaining floors
Tax Incentives: 10 year LCRA tax abatement
Completion date: Fall of 2013 (STATUS: COMPLETE)
http://forum.kcrag.com/viewtopic.php?f=15&t=10086
Crossroads Hotel Project - Main Street and Baltimore Avenue from 16th Street to Truman Road
Developer: Chartwell Hospitality
Sq. foot: 190,000
Project cost: $46 million
To become: 10 story hotel - Marriott Courtyard (153 rooms) and Residence Inn (104 rooms)
Tax incentives: None.
Completion date: Fall 2015
http://forum.kcrag.com/viewtopic.php?f=15&t=19147
Crossroads Westside - I-35 and Southwest Boulevard
Developer: Cityscape Residential
Sq foot: One building, 400 unit garage
Project cost: $120 million (combined with Apex at Quality Hill and Summit at Quality Hill)
To become: 275 luxury apartments
Tax incentives: Seeking 25 year PIEA tax abatement
Completion Date: Mid-2016
http://kcrag.com/viewtopic.php?f=15&t=19449
The Duke - 500 E. Armour
Developer: MAC Properties
Sq. foot: ?
Project cost: ?
To become: 6 rental units
Tax incentives: State historic tax credits
Completion date: Late 2013.
Founders at Union Hill
Developer: Bob Frye
Sq foot:
Project cost:
To become: 181 apartment units
Tax incentives:
Completion Date: 2014
http://forum.kcrag.com/viewtopic.php?p=514695#p514695
Gilham Row - 29th and Gilham Road
Developer: MAC Properties
Sq foot: 3 stories
Project cost: $3 million
To become: 22 apartment units
Tax incentives: Seeking PIEA tax abatement
Completion Date:
http://forum.kcrag.com/viewtopic.php?f=18&t=18991
Globe Building - 1712 Main
Developer: John Williams
Sq foot: 7 stories
Project cost: $6.8 million
To become: Offices
Tax incentives: 20 year PIEA tax abatement, 100% for ten years, 50% for ten years
Completion Date: Spring 2014
http://forum.kcrag.com/viewtopic.php?f=15&t=19126
Hilton Home2 Suites - 20th and Main
Developer: Jason Swords:
Sq foot:
Project cost: $16 million
To become: 110 room hotel
Tax Incentives: Seeking TIF
Completion date:
http://kcrag.com/viewtopic.php?f=15&t=19460
Homestead Apartments - 811 E. Armour Blvd.
Developer: MAC Properties
Sq foot:
Project cost:
To become:
Tax incentives: State historic tax credits.
Completion Date:
http://forum.kcrag.com/viewtopic.php?f=18&t=16557
Hospital Hill UMKC Housing Project -24th and Troost
Developer: Beacon Hill Developers
Sq foot:
Project cost: $29.3
To become: 254 apartments
Tax incentives: $4.5 million in Missouri Development Finance Board tax credits
Completion Date: July 2014
http://forum.kcrag.com/viewtopic.php?f=18&t=1754
Kenwood Apartments - 615 E. Armour Blvd.
Developer: MAC Properties
Sq foot:
Project cost:
To become:
Tax incentives: State historic tax credits.
Completion Date:
http://forum.kcrag.com/viewtopic.php?f=18&t=16557
Lucas Place Lofts - 323 W 8th
Developer: Landwhite Developers
Sq foot: 160,000
Project cost: $30 million
To become: 130 apartments
Tax incentives: 15 year Chapter 353 tax abatement, state and federal historic tax credits
Completion Date: March 2014
http://forum.kcrag.com/viewtopic.php?f=15&t=13736
Mark Twain Tower - 106 W. 11th St
Developer: OHI Parnters, Inc.
Sq foot: 22 stories, 200,000 office space
Project cost: ?
To become: Office and a mix of market-rate and affordable apartments
Tax incentives: Will seek New Market tax credits and Historic Tax Credits
Completion Date: ?
http://forum.kcrag.com/viewtopic.php?f=15&t=5730
MBG Lofts - 1612 Grand
Developer: Prairie Fire Development Group
Sq foot: 4,700 retail + 6 residential units
Project cost: $4.5 million
To become: Six luxury lofts, retail, office for Prairie Fire
Tax incentives: $1.9 million in state and federal historic tax credits
Completion Date: Summer 2015
http://forum.kcrag.com/viewtopic.php?f=15&t=19338
Meriden Creamery Building - 2100 Central
Developer: Vince Bryant
Sq foot: 21,000
Project cost: $4.5 million
To become: Offices
Tax incentives: 20 year PIEA property tax abatement
Completion date: End of 2014
http://forum.kcrag.com/viewtopic.php?f=18&t=18125
Midland Office Building - 13th and Baltimore
Developer: Cordish Co.
Sq foot: 12 stories
Project cost: $12.5 million
To become: 68 apartments
Tax incentives: $8 million cash subsidy (some used for Cordish Tower); 25 year PIEA tax abatement
Completion date: End of 2013
http://forum.kcrag.com/viewtopic.php?f= ... 4&p=491312
Old Hyde Park Apartments - 37th and Gilham
Developer: John Hoffman
Sq foot: 23 units, averaging 900 sq feet
Project cost: $3 million
To become: 23 apartments
Tax incentives: Seeking a 10-year, 100 percent property tax abatement.
Completion date: Early 2015
http://kcrag.com/viewtopic.php?p=525124#p525124
Pabst Building - 2107 Central
Developer: Jordon Ringel
Sq foot: 90,600
Project cost: $13 million
To become: Office, multifamily housing.
Tax incentives: 25 year PIEA tax abatement, $3.95 million in available TIF financing
Completion date: 2015?
http://forum.kcrag.com/viewtopic.php?f=15&t=15980
Pendergast Building - 2301 Central
Developer: Jordon Ringel
Sq foot: 15,000
Project cost: $3 million
To become: Restaurant/bar/office space.
Tax incentives: 25 year PIEA tax abatement, $3.95 million in available TIF financing
Completion date: June 2013
http://forum.kcrag.com/viewtopic.php?f=15&t=15980
Pickwick Building - 9th and McGee
Developer: Tom Smith/Gold Crown Properties
Sq foot: 165,988
Project cost: $46 million
To become: 261 apartments, some retail and office space
Tax incentives: ?
Completion date: Summer of 2015
http://forum.kcrag.com/viewtopic.php?f=15&t=13536
http://forum.kcrag.com/viewtopic.php?f=15&t=14939
Plaza East - Emmanuel Cleaver and Troost
Developer: Ollie Gates
Sq foot: 27,500 retail, plus renovated grocery (15,000 square foot building already open)
Project cost:
To become: Retail, grocery store
Tax incentives: 25 year tax abatement and TIF
Completion date: End of 2013
Plaza Office Project - 46th Terrace and Pennsylvania
Developer: BH Plaza, LLC
Sq foot: 200,000
Project cost:
To become: Offices
Tax incentives: ?
Completion date: ?
http://forum.kcrag.com/viewtopic.php?f=18&t=18354
Plaza Vista (formerly known as the West Edge) - 4840 Roanoke
Developer: VanTrust Real Estate
Sq foot: 253,000 office space, 150-room hotel and 17,500 square feet of retail space
Project cost: $110 million?
To become: Office (Polsinelli & Shughart), restaurant, retail, Hotel Sorella
Tax incentives: $7.5 million in new state tax credits, 25-year property tax abatement
Completion date: November 2013 (STATUS: COMPLETE)
http://forum.kcrag.com/viewtopic.php?f=18&t=261
River Market Housing - 5th and Main
Developer:
Sq foot:
Project cost:
To become:
Tax incentives:
Completion date:
http://kcrag.com/viewtopic.php?p=528660#p528660
River Market Housing - 2nd and Delaware
Developer: Arnold Development Group
Sq foot: 60,000 office, 225 housing units
Project cost: $50 million
To become: office, 225 housing units
Tax incentives:
Completion date:
http://forum.kcrag.com/viewtopic.php?f= ... 38#p495338
River Market West - 3rd and Wyandotte
Developer: George Birt
Sq foot: 129,266
Project cost: $16 million
To become: 137 apartments
Tax incentives: 75% PIEA abatement for 15 years, $2 million loan from KC
Completion date: September 2014
http://forum.kcrag.com/viewtopic.php?f=18&t=18880
Roaster's Block (Folgers Coffee Plant) - 7th and Broadway
Developer: O'Reilly Development
Sq. foot: 217,160
Project cost: $35 million
To become: 146 apartments
Tax incentives: 15 year PIEA property tax abatement
Completion date: Summer 2016
http://forum.kcrag.com/viewtopic.php?f=15&t=18361
Savoy Hotel Redevelopment - 219 W 9th St
Developer: 21c Museum Hotels
Sq foot: ?
Project cost: $47.5 million
To become: 120-room luxury hotel
Tax incentives: $33.9 mill in TIF, Super-TIF and CID money from the city; $15 million in federal and state historic tax credits:
Completion date: ?
http://forum.kcrag.com/viewtopic.php?f=15&t=15707
Scarritt Building - 818 Grand Blvd.
Developer: George Sherman
Sq foot: 12 stories
Project cost: $21.7 million
To become: 109-unit apartments with gallery
Tax incentives: Seeking affordable housing tax credits; federal and state historic tax credits:
Completion date: 2015
http://forum.kcrag.com/viewtopic.php?f=15&t=19195
Springhill Suties on the Plaza - 45th Street between Madison Avenue and Belleview Avenue
Developer: MHG Hotels
Sq foot: Four stories
Project cost: $9 million
To become: 96-room SpringHill Suites Marriott Hotel
Tax incentives: None
Completion date: 2014?
http://forum.kcrag.com/viewtopic.php?f=18&t=19149
Summit at Quality Hill - 12th and Pennsylvania
Developer: Cityscape Residential
Sq foot: Five buildings
Project cost: $120 million (combined with Apex at Quality Hill and Crossroads Westside)
To become: 256 residential units
Tax incentives: Seeking 25 year PIEA tax abatement
Completion Date: Mid-2016
http://kcrag.com/viewtopic.php?f=15&t=19445
UMKC Housing/Whole Foods - 51st and Oak
Developer: VanTrust
Sq foot: 30,000 for the store, 14,000 for the UMKC student health and counseling center, 150 housing units
Project cost: $13 million
To become: 150 apartments and a Whole Foods Grocer
Tax incentives: None.
Completion date: 2015
http://forum.kcrag.com/viewtopic.php?f=18&t=18381
The View at the West Bottom II (Weld Wheel Building aka Ridenour-Baker Grocery Co. Building) - 9th and Mulberry in West Bottoms
Developer: Interstate Underground Warehouse LLC,
Sq foot: 405,000 square feet
Project cost: $30 million
To become: 251 unit apartment
Tax incentives: 15 year PIEA tax abatement, state and federal historic tax credits
Completion date: Summer of 2015
http://kcrag.com/viewtopic.php?f=15&t=19486
Last updated: April 18, 2014
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.
Here are just a few projects - please help me fill this out.
1515-1517 Walnut St
Developer: Jay Tomlinson
Sq foot:
Project cost: $1.76 million
To become: 7 apartments + penthouse
Tax incentives: 10 year PIEA tax abatement
Completion date: End of 2013 (STATUS: COMPLETE)
http://kcrag.com/viewtopic.php?p=506982#p506982
1914 Main
Developer: Linden Street Partners of Boulder
Sq foot:
Project cost: $10 million
To become: 45-50 apartment units with first floor retail and restaurant
Tax incentives: Possibly
Completion date: ?
http://forum.kcrag.com/viewtopic.php?f=15&t=19221
215 W. Pershing
Developer: Jason Swords, Sunflower Development
Sq foot: 10 stories
Project cost: $18 million
To become: First floor retail, part of the rest to be converted to 55 market rate apartments
Tax incentives: TIF, possible historic tax credits
Completion date: ?
http://forum.kcrag.com/viewtopic.php?f=18&t=19040
51st and Main Apartment Project
Developer: Caymus Real Estate, Land Development Strategies and DST Realty
Sq foot: 9,500 of retail, 1,000 for fitness center and 1,500 for clubhouse, 204 luxury housing units
Project cost: $39 million
To become: 204 housing units, fitness center, retail
Tax incentives: None
Completion date: Mid-2014
http://forum.kcrag.com/viewtopic.php?p=456201#p456201
Apex at Quality Hill - Jefferson and Kirk Drive
Developer: Cityscape Residential
Sq foot: Two buildings
Project cost: $120 million (combined with Summit at Quality Hill and Crossroads Westside)
To become: 130 residential units
Tax incentives: Seeking 25 year PIEA tax abatement
Completion Date: End of 2015
http://kcrag.com/viewtopic.php?f=15&t=19447
Argyle Building - 12th and McGee
Developer: Arghom LLC
Sq foot: 117,000
Project cost: $19.5 million
To become: 126 market rate apartments and 8700 square feet of ground floor commercial space
Tax incentives: 25 year PIEA tax abatement, $5.5 million in federal and state historic tax credits
Completion date: 2014
Ambassador Apartments - 3560 Broadway
Developer: MAC Properties
Sq foot: 9 stories
Project cost: ?
To become: 116 studio units + ground floor retail
Tax incentives: State and federal historic tax credits
Completion date: Early 2015
http://forum.kcrag.com/viewtopic.php?f=18&t=16557
Bellerive Apartments - 214 E. Armour
Developer: MAC Properties
Sq foot:
Project cost:
To become: 150 apartments
Tax incentives: State historic tax credits, property tax abatement.
Completion date:
http://forum.kcrag.com/viewtopic.php?f=18&t=16557
Bemis Bag Building - 9th and Wyoming
Developer: Gary Hassenflu
Sq foot: 175,000
Project cost: $20 million
To become: 100 apartments
Tax incentives: Plan to see PIEA tax abatement and federal and state historic tax credits and affordable housing tax credits
Completion date: 2014
http://forum.kcrag.com/viewtopic.php?p=494459#p494459
Centropolis on Grand - 5th and Grand
Developer: KC Commercial Realty Group
Sq foot: Five stories
Project cost: $8 million
To become: 56 apartment units
Tax incentives: 25-year property tax abatement
Completion date: 2015
http://forum.kcrag.com/viewtopic.php?f= ... 7&p=523222
Colonial Court Apartments - 46th and Jefferson
Developer: Price Development
Sq foot: 17 buildings, 82 apartments on 2.5 acres
Project cost: ?
To become: Residential
Tax incentives: ?
Completion date: ?
http://forum.kcrag.com/viewtopic.php?f=18&t=19137
Columbus Park Redevelopment - between 3rd and 5th, and Cherry to Gillis in Columbus Park
Developer: Columbus Park Developers LC
Sq foot: 370 residential units and 20,000 sq feet of commerical space
Project cost: $100 million
To become: Residential and commercial
Tax incentives: $18 million in public support, $1.8 mill from city in infrastructure improvements
Completion date: ?
http://forum.kcrag.com/viewtopic.php?f=15&t=2271
Commerce Tower - 911 Main
Developer: Michael W. Knight
Sq foot: 30 stories
Project cost: $71 million
To become: Part will be converted to residential
Tax incentives: 10 year, 100% tax abatement, $23 million in historic tax credits, $2.8 million in brownfield tax credits, $623,000 in demolition tax credits
Completion date: Spring 2015
http://forum.kcrag.com/viewtopic.php?f=15&t=5152
Congress Building - 35th and Broadway
Developer: Del Hedgepath
Sq foot:
Project cost: $10 million
To become: 45 apartments, ground-level retail
Tax incentives: Applying for PIEA tax abatements
Completion date:
http://forum.kcrag.com/viewtopic.php?f=18&t=19188
Cordish Apartments - 13th and Walnut
Developer: Cordish Co.
Sq foot:
Project cost: $70 million
To become: 23 story apartment tower with 318 units
Tax incentives: $8 million cash subsidy (some used for Midland Tower); 25 year PIEA tax abatement
Completion date: 2015
http://forum.kcrag.com/viewtopic.php?f=44&t=18191
Corrigan Building - 1828 Walnut
Developer: Alan Waterman
Sq foot: 9 floors
Project cost:
To become: Apartments with ground-floor commercial.
Tax incentives: TIF, possible tax abatement and historic tax credits
Completion date: ?
http://forum.kcrag.com/viewtopic.php?f=15&t=19141
Cosby Hotel - 9th and Baltimore
Developer: Jason Swords, Sunflower Development Group
Sq foot: 15,000
Project cost: $2.88 million
To become: Mixed-use - Bakery/Deli first floor, office space remaining floors
Tax Incentives: 10 year LCRA tax abatement
Completion date: Fall of 2013 (STATUS: COMPLETE)
http://forum.kcrag.com/viewtopic.php?f=15&t=10086
Crossroads Hotel Project - Main Street and Baltimore Avenue from 16th Street to Truman Road
Developer: Chartwell Hospitality
Sq. foot: 190,000
Project cost: $46 million
To become: 10 story hotel - Marriott Courtyard (153 rooms) and Residence Inn (104 rooms)
Tax incentives: None.
Completion date: Fall 2015
http://forum.kcrag.com/viewtopic.php?f=15&t=19147
Crossroads Westside - I-35 and Southwest Boulevard
Developer: Cityscape Residential
Sq foot: One building, 400 unit garage
Project cost: $120 million (combined with Apex at Quality Hill and Summit at Quality Hill)
To become: 275 luxury apartments
Tax incentives: Seeking 25 year PIEA tax abatement
Completion Date: Mid-2016
http://kcrag.com/viewtopic.php?f=15&t=19449
The Duke - 500 E. Armour
Developer: MAC Properties
Sq. foot: ?
Project cost: ?
To become: 6 rental units
Tax incentives: State historic tax credits
Completion date: Late 2013.
Founders at Union Hill
Developer: Bob Frye
Sq foot:
Project cost:
To become: 181 apartment units
Tax incentives:
Completion Date: 2014
http://forum.kcrag.com/viewtopic.php?p=514695#p514695
Gilham Row - 29th and Gilham Road
Developer: MAC Properties
Sq foot: 3 stories
Project cost: $3 million
To become: 22 apartment units
Tax incentives: Seeking PIEA tax abatement
Completion Date:
http://forum.kcrag.com/viewtopic.php?f=18&t=18991
Globe Building - 1712 Main
Developer: John Williams
Sq foot: 7 stories
Project cost: $6.8 million
To become: Offices
Tax incentives: 20 year PIEA tax abatement, 100% for ten years, 50% for ten years
Completion Date: Spring 2014
http://forum.kcrag.com/viewtopic.php?f=15&t=19126
Hilton Home2 Suites - 20th and Main
Developer: Jason Swords:
Sq foot:
Project cost: $16 million
To become: 110 room hotel
Tax Incentives: Seeking TIF
Completion date:
http://kcrag.com/viewtopic.php?f=15&t=19460
Homestead Apartments - 811 E. Armour Blvd.
Developer: MAC Properties
Sq foot:
Project cost:
To become:
Tax incentives: State historic tax credits.
Completion Date:
http://forum.kcrag.com/viewtopic.php?f=18&t=16557
Hospital Hill UMKC Housing Project -24th and Troost
Developer: Beacon Hill Developers
Sq foot:
Project cost: $29.3
To become: 254 apartments
Tax incentives: $4.5 million in Missouri Development Finance Board tax credits
Completion Date: July 2014
http://forum.kcrag.com/viewtopic.php?f=18&t=1754
Kenwood Apartments - 615 E. Armour Blvd.
Developer: MAC Properties
Sq foot:
Project cost:
To become:
Tax incentives: State historic tax credits.
Completion Date:
http://forum.kcrag.com/viewtopic.php?f=18&t=16557
Lucas Place Lofts - 323 W 8th
Developer: Landwhite Developers
Sq foot: 160,000
Project cost: $30 million
To become: 130 apartments
Tax incentives: 15 year Chapter 353 tax abatement, state and federal historic tax credits
Completion Date: March 2014
http://forum.kcrag.com/viewtopic.php?f=15&t=13736
Mark Twain Tower - 106 W. 11th St
Developer: OHI Parnters, Inc.
Sq foot: 22 stories, 200,000 office space
Project cost: ?
To become: Office and a mix of market-rate and affordable apartments
Tax incentives: Will seek New Market tax credits and Historic Tax Credits
Completion Date: ?
http://forum.kcrag.com/viewtopic.php?f=15&t=5730
MBG Lofts - 1612 Grand
Developer: Prairie Fire Development Group
Sq foot: 4,700 retail + 6 residential units
Project cost: $4.5 million
To become: Six luxury lofts, retail, office for Prairie Fire
Tax incentives: $1.9 million in state and federal historic tax credits
Completion Date: Summer 2015
http://forum.kcrag.com/viewtopic.php?f=15&t=19338
Meriden Creamery Building - 2100 Central
Developer: Vince Bryant
Sq foot: 21,000
Project cost: $4.5 million
To become: Offices
Tax incentives: 20 year PIEA property tax abatement
Completion date: End of 2014
http://forum.kcrag.com/viewtopic.php?f=18&t=18125
Midland Office Building - 13th and Baltimore
Developer: Cordish Co.
Sq foot: 12 stories
Project cost: $12.5 million
To become: 68 apartments
Tax incentives: $8 million cash subsidy (some used for Cordish Tower); 25 year PIEA tax abatement
Completion date: End of 2013
http://forum.kcrag.com/viewtopic.php?f= ... 4&p=491312
Old Hyde Park Apartments - 37th and Gilham
Developer: John Hoffman
Sq foot: 23 units, averaging 900 sq feet
Project cost: $3 million
To become: 23 apartments
Tax incentives: Seeking a 10-year, 100 percent property tax abatement.
Completion date: Early 2015
http://kcrag.com/viewtopic.php?p=525124#p525124
Pabst Building - 2107 Central
Developer: Jordon Ringel
Sq foot: 90,600
Project cost: $13 million
To become: Office, multifamily housing.
Tax incentives: 25 year PIEA tax abatement, $3.95 million in available TIF financing
Completion date: 2015?
http://forum.kcrag.com/viewtopic.php?f=15&t=15980
Pendergast Building - 2301 Central
Developer: Jordon Ringel
Sq foot: 15,000
Project cost: $3 million
To become: Restaurant/bar/office space.
Tax incentives: 25 year PIEA tax abatement, $3.95 million in available TIF financing
Completion date: June 2013
http://forum.kcrag.com/viewtopic.php?f=15&t=15980
Pickwick Building - 9th and McGee
Developer: Tom Smith/Gold Crown Properties
Sq foot: 165,988
Project cost: $46 million
To become: 261 apartments, some retail and office space
Tax incentives: ?
Completion date: Summer of 2015
http://forum.kcrag.com/viewtopic.php?f=15&t=13536
http://forum.kcrag.com/viewtopic.php?f=15&t=14939
Plaza East - Emmanuel Cleaver and Troost
Developer: Ollie Gates
Sq foot: 27,500 retail, plus renovated grocery (15,000 square foot building already open)
Project cost:
To become: Retail, grocery store
Tax incentives: 25 year tax abatement and TIF
Completion date: End of 2013
Plaza Office Project - 46th Terrace and Pennsylvania
Developer: BH Plaza, LLC
Sq foot: 200,000
Project cost:
To become: Offices
Tax incentives: ?
Completion date: ?
http://forum.kcrag.com/viewtopic.php?f=18&t=18354
Plaza Vista (formerly known as the West Edge) - 4840 Roanoke
Developer: VanTrust Real Estate
Sq foot: 253,000 office space, 150-room hotel and 17,500 square feet of retail space
Project cost: $110 million?
To become: Office (Polsinelli & Shughart), restaurant, retail, Hotel Sorella
Tax incentives: $7.5 million in new state tax credits, 25-year property tax abatement
Completion date: November 2013 (STATUS: COMPLETE)
http://forum.kcrag.com/viewtopic.php?f=18&t=261
River Market Housing - 5th and Main
Developer:
Sq foot:
Project cost:
To become:
Tax incentives:
Completion date:
http://kcrag.com/viewtopic.php?p=528660#p528660
River Market Housing - 2nd and Delaware
Developer: Arnold Development Group
Sq foot: 60,000 office, 225 housing units
Project cost: $50 million
To become: office, 225 housing units
Tax incentives:
Completion date:
http://forum.kcrag.com/viewtopic.php?f= ... 38#p495338
River Market West - 3rd and Wyandotte
Developer: George Birt
Sq foot: 129,266
Project cost: $16 million
To become: 137 apartments
Tax incentives: 75% PIEA abatement for 15 years, $2 million loan from KC
Completion date: September 2014
http://forum.kcrag.com/viewtopic.php?f=18&t=18880
Roaster's Block (Folgers Coffee Plant) - 7th and Broadway
Developer: O'Reilly Development
Sq. foot: 217,160
Project cost: $35 million
To become: 146 apartments
Tax incentives: 15 year PIEA property tax abatement
Completion date: Summer 2016
http://forum.kcrag.com/viewtopic.php?f=15&t=18361
Savoy Hotel Redevelopment - 219 W 9th St
Developer: 21c Museum Hotels
Sq foot: ?
Project cost: $47.5 million
To become: 120-room luxury hotel
Tax incentives: $33.9 mill in TIF, Super-TIF and CID money from the city; $15 million in federal and state historic tax credits:
Completion date: ?
http://forum.kcrag.com/viewtopic.php?f=15&t=15707
Scarritt Building - 818 Grand Blvd.
Developer: George Sherman
Sq foot: 12 stories
Project cost: $21.7 million
To become: 109-unit apartments with gallery
Tax incentives: Seeking affordable housing tax credits; federal and state historic tax credits:
Completion date: 2015
http://forum.kcrag.com/viewtopic.php?f=15&t=19195
Springhill Suties on the Plaza - 45th Street between Madison Avenue and Belleview Avenue
Developer: MHG Hotels
Sq foot: Four stories
Project cost: $9 million
To become: 96-room SpringHill Suites Marriott Hotel
Tax incentives: None
Completion date: 2014?
http://forum.kcrag.com/viewtopic.php?f=18&t=19149
Summit at Quality Hill - 12th and Pennsylvania
Developer: Cityscape Residential
Sq foot: Five buildings
Project cost: $120 million (combined with Apex at Quality Hill and Crossroads Westside)
To become: 256 residential units
Tax incentives: Seeking 25 year PIEA tax abatement
Completion Date: Mid-2016
http://kcrag.com/viewtopic.php?f=15&t=19445
UMKC Housing/Whole Foods - 51st and Oak
Developer: VanTrust
Sq foot: 30,000 for the store, 14,000 for the UMKC student health and counseling center, 150 housing units
Project cost: $13 million
To become: 150 apartments and a Whole Foods Grocer
Tax incentives: None.
Completion date: 2015
http://forum.kcrag.com/viewtopic.php?f=18&t=18381
The View at the West Bottom II (Weld Wheel Building aka Ridenour-Baker Grocery Co. Building) - 9th and Mulberry in West Bottoms
Developer: Interstate Underground Warehouse LLC,
Sq foot: 405,000 square feet
Project cost: $30 million
To become: 251 unit apartment
Tax incentives: 15 year PIEA tax abatement, state and federal historic tax credits
Completion date: Summer of 2015
http://kcrag.com/viewtopic.php?f=15&t=19486
Last updated: April 18, 2014