OFFICIAL - Corrigan Building

Issues concerning Downtown as described by the Downtown Council. River to 31st Street, I-35 to Bruce R. Watkins.
Post Reply
User avatar
KCMax
Global Moderator
Global Moderator
Posts: 24051
Joined: Wed Aug 04, 2004 3:31 pm
Location: The basement of a Ross Dress for Less
Contact:

OFFICIAL - Corrigan Building

Post by KCMax » Tue Aug 20, 2013 4:00 pm

Seems like we're getting good development news every other day lately, eh?

Historic Crossroads building will become apartments
According to a source at the Economic Development Corp. of Kansas City, a local investment group is buying the building at 1828 Walnut St. and plans to covert it into nine floors of apartments over ground-floor commercial.

Leading development of the project will be Alan Waterman, who was project manager for Simbol Commercial’s condominium conversion of the 909 Walnut building.

earthling
Oak Tower
Oak Tower
Posts: 4621
Joined: Sun Sep 11, 2011 2:27 pm

Re: Corrigan Building to become apartments

Post by earthling » Tue Aug 20, 2013 4:05 pm

Image

The residential development announcements lately seem to be as high or higher than early-mid 2000s momentum. Conversions are good but announcements to fill in surface lots with new construction would be nice too.

This building would be cool as a semi-raw shell 'true loft' type space with industrial freight elevators. Like having über urbane kitchen/bathrooms with raw shell industrial yet functional feel. Does it have wooden or concrete floors?

flyingember
One Park Place
One Park Place
Posts: 6909
Joined: Tue Jul 17, 2012 7:54 am

Re: Corrigan Building to become apartments

Post by flyingember » Tue Aug 20, 2013 6:10 pm

Nice to see such a notable building used for anything.

flyingember
One Park Place
One Park Place
Posts: 6909
Joined: Tue Jul 17, 2012 7:54 am

Re: Corrigan Building to become apartments

Post by flyingember » Tue Aug 20, 2013 6:38 pm

my quick guess is 70-90 units. need to see in person to get a better feel

pash
Bryant Building
Bryant Building
Posts: 3801
Joined: Sun Feb 20, 2011 2:47 am

Re: Corrigan Building to become apartments

Post by pash » Tue Aug 20, 2013 8:04 pm

.
Last edited by pash on Thu Feb 09, 2017 4:24 pm, edited 1 time in total.

User avatar
FangKC
City Center Square
City Center Square
Posts: 13084
Joined: Sat Jul 26, 2003 10:02 pm
Location: Old Northeast -- Indian Mound

Re: Corrigan Building to become apartments

Post by FangKC » Wed Aug 21, 2013 12:43 am

It is good news. I hope we see some action now on the Pickwick Hotel.

chingon
Hotel President
Hotel President
Posts: 3415
Joined: Mon Oct 10, 2005 6:47 pm
Location: South Plaza

Re: Corrigan Building to become apartments

Post by chingon » Wed Aug 21, 2013 8:25 am

KCMax wrote:Seems like we're getting good development news every other day lately, eh?
Imagine how much more we'd be getting if it wasn't for the corrupt boondoggle toy train boondoggle to nowhere boondoggle taxes boondoggle killing boondoggle business!!

Boondoggle.

flyingember
One Park Place
One Park Place
Posts: 6909
Joined: Tue Jul 17, 2012 7:54 am

Re: Corrigan Building to become apartments

Post by flyingember » Wed Aug 21, 2013 1:39 pm

chingon wrote:
KCMax wrote:Seems like we're getting good development news every other day lately, eh?
Imagine how much more we'd be getting if it wasn't for the corrupt boondoggle toy train boondoggle to nowhere boondoggle taxes boondoggle killing boondoggle business!!

Boondoggle.
you just described one pessimistic site well. I'm amazed any of the major posters there haven't moved out of KC yet.

flyingember
One Park Place
One Park Place
Posts: 6909
Joined: Tue Jul 17, 2012 7:54 am

Re: Corrigan Building to become apartments

Post by flyingember » Wed Aug 21, 2013 1:42 pm

changed my mind. maybe 6 units per floor. so 50 give or take. still not too shabby. that's the density of an entire city block in midtown

ThorsteinVeblen
Pad site
Pad site
Posts: 95
Joined: Mon Aug 05, 2013 1:15 pm

Re: Corrigan Building to become apartments

Post by ThorsteinVeblen » Tue Oct 01, 2013 1:13 pm

KC Star Update

http://www.kansascity.com/2013/10/01/45 ... lated.html

As mentioned in another post, Developer is waiting for the Parole Office and Church leases to end next summer. Construction expected in 2015.

User avatar
rxlexi
Valencia Place
Valencia Place
Posts: 1951
Joined: Sun Dec 14, 2003 10:30 pm
Location: City Market

Re: Corrigan Building to become apartments

Post by rxlexi » Mon Apr 28, 2014 3:31 pm

Interesting update in the Biz Journal re: the Corrigan project. Developer still likely moving forward with apartments but will run the numbers as office space as well, and noted a spike in interest in downtown (specifically xroads) office space.

http://www.bizjournals.com/kansascity/n ... e-use.html

User avatar
KCDowntown
Colonnade
Colonnade
Posts: 814
Joined: Tue Oct 08, 2002 2:17 pm

Re: Corrigan Building to become apartments

Post by KCDowntown » Fri May 30, 2014 4:01 pm

Couple of permits for this building today - one a team inspection for turning space into a restaurant and another tenant finish permit for the 10th floor. The 10th floor one could indicate that some (or all) of the building will remain commercial.

10th floor permit
Team inspection for restaurant

KCDowntown

Downtown Development Map

ThorsteinVeblen
Pad site
Pad site
Posts: 95
Joined: Mon Aug 05, 2013 1:15 pm

Re: Corrigan Building to become apartments

Post by ThorsteinVeblen » Fri May 30, 2014 4:11 pm

I have the understanding that it will remain commercial and not be converted to apartments. Acquiring enough parking spots was the deal breaker on residential conversion.

kboish
Penntower
Penntower
Posts: 2364
Joined: Mon Nov 26, 2007 12:25 am
Location: West Plaza

Re: Corrigan Building to become apartments

Post by kboish » Sat May 31, 2014 7:50 am

ThorsteinVeblen wrote:I have the understanding that it will remain commercial and not be converted to apartments. Acquiring enough parking spots was the deal breaker on residential conversion.
Deal breaker for the financing? Because I thought the city no longer had parking requirements w/n a certain distance of the streetcar.

aknowledgeableperson
City Center Square
City Center Square
Posts: 12247
Joined: Thu Mar 11, 2004 10:31 pm

Re: Corrigan Building to become apartments

Post by aknowledgeableperson » Sat May 31, 2014 12:15 pm

Could just be on the owner. Maybe just felt it wasn't feasible without some amount of parking, whatever the amount is.

User avatar
Demosthenes
Western Auto Lofts
Western Auto Lofts
Posts: 569
Joined: Sun Jun 17, 2012 2:50 pm
Location: CBD

Re: Corrigan Building to become apartments

Post by Demosthenes » Sat May 31, 2014 12:53 pm

ThorsteinVeblen wrote:I have the understanding that it will remain commercial and not be converted to apartments. Acquiring enough parking spots was the deal breaker on residential conversion.
That's crazy. Even if there is still a parking minimum (which I too thought was no longer in place along the streetcar line), this is one of the most bombed out parts of downtown. There are several large parking lots surrounding the building, so how can they not find parking? These people need a little creativity.

ThorsteinVeblen
Pad site
Pad site
Posts: 95
Joined: Mon Aug 05, 2013 1:15 pm

Re: Corrigan Building to become apartments

Post by ThorsteinVeblen » Sat May 31, 2014 2:47 pm

I will try to get some more concrete details but it was indicated with certainty that the conversion was no longer going to take place and the current owner indicated parking issues. There are two surface lots, one behind the building, and one across the street where they are currently keeping the streetcar rails.

aknowledgeableperson
City Center Square
City Center Square
Posts: 12247
Joined: Thu Mar 11, 2004 10:31 pm

Re: Corrigan Building to become apartments

Post by aknowledgeableperson » Sat May 31, 2014 4:25 pm

Demosthenes wrote:
ThorsteinVeblen wrote:I have the understanding that it will remain commercial and not be converted to apartments. Acquiring enough parking spots was the deal breaker on residential conversion.
That's crazy. Even if there is still a parking minimum (which I too thought was no longer in place along the streetcar line), this is one of the most bombed out parts of downtown. There are several large parking lots surrounding the building, so how can they not find parking? These people need a little creativity.
It's not that crazy. Say there were to be 70 apartments. To make sure they are "rentable" to the max he might have desired 50 spaces. Could be no one around wanted to give him 50 dedicated spaces for the renters. It is his money and not yours. He may not be willing to risk renting all of the apartments to non-car owners.

flyingember
One Park Place
One Park Place
Posts: 6909
Joined: Tue Jul 17, 2012 7:54 am

Re: Corrigan Building to become apartments

Post by flyingember » Sat May 31, 2014 5:13 pm

any sign that the office occupancy rate will jump is way more important than building residential.

User avatar
DaveKCMO
Global Moderator
Global Moderator
Posts: 16705
Joined: Sun Nov 27, 2005 6:22 pm
Location: Crossroads
Contact:

Re: Corrigan Building to become apartments

Post by DaveKCMO » Mon Jun 02, 2014 9:03 am

same owner has plenty of surface lots adjacent and had plans for a garage. parking is NOT the reason. commercial actually demands more spaces per square foot!

and, yes, there is no longer a parking minimum there.

Post Reply