KCRag Forum

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

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.

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

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

West Edge II.

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

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

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.

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.

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.

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

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

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

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

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

Back on track in August: https://www.bizjournals.com/kansascity/ ... j=82279131

New article. Starting next month, completion mid 2020

https://www.kansascity.com/news/busines ... 24970.html

I, for one, am excitedly looking forward to the next post in this thread being made in mid-September saying "Re-starting October, completion early 2021".

Appears to be activity onsite! Looks like Crossland Construction is the new contractor.

Crane #2 went up today.

snigglefritz wrote: ↑Thu Aug 16, 2018 6:00 pm I, for one, am excitedly looking forward to the next post in this thread being made in mid-September saying "Re-starting October, completion early 2021".

Re-starting in January, completion mid 2021?

flyingember wrote: ↑Mon Dec 31, 2018 10:42 am

snigglefritz wrote: ↑Thu Aug 16, 2018 6:00 pm I, for one, am excitedly looking forward to the next post in this thread being made in mid-September saying "Re-starting October, completion early 2021".

Re-starting in January, completion mid 2021?

That's good enough for me!