2018 Downtown Reports

Issues concerning Downtown as described by the Downtown Council. River to 31st Street, I-35 to Bruce R. Watkins.
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earthling
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2018 Downtown Reports

Post by earthling » Sun Aug 19, 2018 8:55 am

From downtownkc.org...

Housing report with quite a bit of detail...
https://www.downtownkc.org/wp-content/u ... Report.pdf

TOTAL DOWNTOWN POPULATION ESTIMATES
Current Population Estimate 24,996
Population Estimate - 2019 27,713
Population Estimate - 2021 30,924
Population Estimate - 2025 33,261


Profile, including downtown workforce
https://www.downtownkc.org/wp-content/u ... rofile.pdf

Population Summary 1.5 mile 2.5 mile 3.5 mile radius from 14th/Main
2000 Total Population 16,252 50,597 126,320
2010 Total Population 19,280 49,126 117,223
2017 Total Population 21,762 53,802 125,692
2017 Group Quarters 2,443 3,239 4,059
2022 Total Population 23,259 56,714 131,210
2017-2022 Annual Rate 1.34% 1.06% 0.86%
2017 Total Daytime Population 124,934 171,749 270,569
Workers 114,649 143,212 201,010
Residents 10,285 28,537 69,559

Development report..
https://www.downtownkc.org/wp-content/u ... Report.pdf

More here, including development near each streetcar stop...
https://www.downtownkc.org/research-reports/

earthling
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Re: 2018 Downtown Reports

Post by earthling » Sun Aug 19, 2018 9:34 am

Interesting breakdown on condos in the Housing report..
CBD/Loop about 1100 units
Xroads about 250 units
RM about 250 units
Rest of Greater DT under 500 units

Only 6 condo units planned (as of earlier this year)

About 5500 market rate rental units under construction/planned.

There are about 2100 income restricted units in Greater Downtown with no planned mentioned (what about Midland?)

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KCPowercat
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Re: 2018 Downtown Reports

Post by KCPowercat » Sun Aug 19, 2018 10:46 am

Frustrating for those wanting to stay and invest in downtown that we can't get more condos going...those 6 are the delaware landing project which has been delayed but as the developer posted on here, still in the cards.

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ToDactivist
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Re: 2018 Downtown Reports

Post by ToDactivist » Sun Aug 19, 2018 12:05 pm

KCPowercat wrote:
Sun Aug 19, 2018 10:46 am
Frustrating for those wanting to stay and invest in downtown that we can't get more condos going...those 6 are the delaware landing project which has been delayed but as the developer posted on here, still in the cards.
Condo liability is still real for developers unlike other states that limit class action. Of course if you build it right, it works but EVERYONE from contractors to banks force this issue even when the developer sees the demand.

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Re: 2018 Downtown Reports

Post by KCPowercat » Sun Aug 19, 2018 12:19 pm

I've come to realize how hard it is for developers.....thanks for more details on why

earthling
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Re: 2018 Downtown Reports

Post by earthling » Sun Aug 19, 2018 12:42 pm

National tend for a while has been build high end rentals with intent to convert to condo when market conditions right. Easier to fill with rentals first than sell 50% or whatever up front. Aren't Cordish towers intended to go condo eventually?

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Re: 2018 Downtown Reports

Post by KCPowercat » Sun Aug 19, 2018 1:13 pm

We need a lot more rowhouse type condos if you ask me....lot of 1/2 block surface lots would be perfect spots for them.

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Re: 2018 Downtown Reports

Post by FangKC » Sun Aug 19, 2018 3:31 pm

Developers need to go back to individual lot townhouses that aren't in a condo association. These are built wall-to-wall to the lot lines, or with small walkways between them.That way, each townhouse is really considered a single family residence on its' own lot with no association fees. This is common in large, older cities. In this situation, there would be no 50 percent sold conditions for lenders. This would allow more people to buy downtown, or downtown-adjacent, and still maintain some density.

This could work in places like Columbus Park, Berkley Riverfront Park, the Westside, Beacon Hill, and Paseo West.

Not everyone needs shared amenties like gyms, pools, community rooms, theaters, and common grounds.

If I were a the grand poobah of development, I would decree that certain blocks on Beacon Hill, the Jazz District (south), and Wendell-Phillips, be developed this way (in red).

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Last edited by FangKC on Sun Aug 19, 2018 4:34 pm, edited 1 time in total.

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Re: 2018 Downtown Reports

Post by grecobs » Sun Aug 19, 2018 4:19 pm

As long as occupancy rates are 95%+ there should be no reason not to keep building. Demand is clearly there -- as more folks move and prices increase, it will eventually make sense to start building more condos.

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Re: 2018 Downtown Reports

Post by KCPowercat » Sun Aug 19, 2018 4:28 pm

grecobs wrote:
Sun Aug 19, 2018 4:19 pm
As long as occupancy rates are 95%+ there should be no reason not to keep building. Demand is clearly there -- as more folks move and prices increase, it will eventually make sense to start building more condos.
I don't see the connection you are making here.

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beautyfromashes
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Re: 2018 Downtown Reports

Post by beautyfromashes » Sun Aug 19, 2018 6:54 pm

KCPowercat wrote:
Sun Aug 19, 2018 1:13 pm
We need a lot more rowhouse type condos if you ask me....lot of 1/2 block surface lots would be perfect spots for them.
I once testified on a development at City Hall and suggested more rowhouses. The historic designation committee shot back that KC doesn't have a history of those type of buildings. I listed three in the area of the development. Silence then, "let's move on." :(

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Re: 2018 Downtown Reports

Post by FangKC » Mon Aug 20, 2018 10:52 am

Just because a city, or neighborhood, doesn't have a history of a particular type of building, doesn't mean that type shouldn't be built.

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TheLastGentleman
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Re: 2018 Downtown Reports

Post by TheLastGentleman » Mon Aug 20, 2018 11:20 am

Ironic because many of the historic buildings they champion were built here without local precedent. We didn't invent the deco skyscraper for instance.

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taxi
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Re: 2018 Downtown Reports

Post by taxi » Sat Aug 25, 2018 4:53 pm

earthling wrote:
Sun Aug 19, 2018 8:55 am
From downtownkc.org...

Housing report with quite a bit of detail...
https://www.downtownkc.org/wp-content/u ... Report.pdf
I question the validity of some of their investment numbers, which seem less accurate than in years passed. Or, to make a rhyme, they pulled out of their ass. I know at least one is way off and have to wonder how they could have come up with that number, which makes all others suspect.

Even if they are all rounded up, which they appear to be, it is misleading. If I were a tweeter, I would yell "Fake news! Sad!"

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