OFFICIAL - Second and Delaware

Issues concerning Downtown as described by the Downtown Council. River to 31st Street, I-35 to Bruce R. Watkins.
Riverite
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Re: OFFICIAL - Second and Delaware

Postby Riverite » Wed Sep 27, 2017 5:56 pm

So.... Any news with this or is it still stalled?

tower
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Re: OFFICIAL - Second and Delaware

Postby tower » Wed Sep 27, 2017 6:22 pm

Stalled while they fight the contractor in court. Could be awhile. They offered to give back the deposit of those that pre-leased. I believe they found a new general contractor already, but they can't move forward.

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smh
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Re: OFFICIAL - Second and Delaware

Postby smh » Thu Oct 12, 2017 3:25 pm

2nd and Delaware crane disassembled today. Such a shame.

scooterj
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Re: OFFICIAL - Second and Delaware

Postby scooterj » Fri Oct 13, 2017 10:46 am

smh wrote:2nd and Delaware crane disassembled today. Such a shame.


West Edge II. :(

hartliss
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Re: OFFICIAL - Second and Delaware

Postby hartliss » Fri Oct 13, 2017 11:01 am

smh wrote:2nd and Delaware crane disassembled today. Such a shame.


Could it mean a new one will go up in its place?

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smh
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Re: OFFICIAL - Second and Delaware

Postby smh » Fri Oct 13, 2017 2:15 pm

hartliss wrote:
smh wrote:2nd and Delaware crane disassembled today. Such a shame.


Could it mean a new one will go up in its place?


Well, certainly a crane will have to go back up if the project is ever to be finished. But no, I take this as a sign we're in for the long stall.

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Highlander
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Re: OFFICIAL - Second and Delaware

Postby Highlander » Fri Oct 13, 2017 2:24 pm

smh wrote:
hartliss wrote:
smh wrote:2nd and Delaware crane disassembled today. Such a shame.


Could it mean a new one will go up in its place?


Well, certainly a crane will have to go back up if the project is ever to be finished. But no, I take this as a sign we're in for the long stall.


Second time this has happened in recent times in KC. The other project was in the West Plaza and that took forever to get back on track. When it finally started up again, they demolished the building (which was a real shame) and built something entirely new and much less ambitious in its place.

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smh
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Re: OFFICIAL - Second and Delaware

Postby smh » Fri Oct 13, 2017 2:34 pm

Highlander wrote:
smh wrote:
hartliss wrote:
Could it mean a new one will go up in its place?


Well, certainly a crane will have to go back up if the project is ever to be finished. But no, I take this as a sign we're in for the long stall.


Second time this has happened in recent times in KC. The other project was in the West Plaza and that took forever to get back on track. When it finally started up again, they demolished the building (which was a real shame) and built something entirely new and much less ambitious in its place.


I sincerely hope that doesn't happen with this project. It is particularly ambitious and worthy of completion. Hopefully it doesn't stagnate too long.

earthling
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Re: Status and future of the River Market area??

Postby earthling » Wed Jan 10, 2018 3:57 pm

Status of the 2nd/Delaware project lawsuits...
https://www.bizjournals.com/kansascity/ ... pdate.html

Is pay-walled, summary...

- Developer planning to restart in April, but dependent on HUD redoing loan
- Subcontractors making it difficult to redo HUD loan, resistance from bonding company
- Project cost went from $60M to 96M (one local real estate source says $96M doesn't make sense, not workable at $350K per unit)
- Was 38% complete in June

tower
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Re: Status and future of the River Market area??

Postby tower » Wed Jan 24, 2018 6:09 pm

earthling wrote:Status of the 2nd/Delaware project lawsuits...
https://www.bizjournals.com/kansascity/ ... pdate.html

Is pay-walled, summary...

- Developer planning to restart in April, but dependent on HUD redoing loan
- Subcontractors making it difficult to redo HUD loan, resistance from bonding company
- Project cost went from $60M to 96M (one local real estate source says $96M doesn't make sense, not workable at $350K per unit)
- Was 38% complete in June


Making up the difference will be money they get in a countersuit, if they win.

https://www.bizjournals.com/kansascity/ ... ersue.html

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Highlander
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Re: OFFICIAL - Second and Delaware

Postby Highlander » Sun May 20, 2018 3:38 pm

There was some speculation that this project would restart in April. Is there any action? Has the crane returned?

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ToDactivist
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Re: OFFICIAL - Second and Delaware

Postby ToDactivist » Sun May 20, 2018 3:47 pm

Bjournal reported mid summer restart. dont know if they still need a crane.

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DaveKCMO
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Re: OFFICIAL - Second and Delaware

Postby DaveKCMO » Tue Jun 05, 2018 10:42 pm

Spoke to someone tonight about this. They're about to line up financing to get it moving again.

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DaveKCMO
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Re: OFFICIAL - Second and Delaware

Postby DaveKCMO » Thu Jun 21, 2018 4:02 pm



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