Troost developments

Discuss items in the urban core outside of Downtown as described above. Everything in the core including the east side (18th & Vine area), Plaza, Westport, Brookside, Valentine, Waldo, 39th street, & the entire midtown area.
missingkc
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Re: Troost developments

Post by missingkc » Sun Aug 25, 2019 5:34 pm

Was the building that burned going to be razed or renovated for the new project?

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Re: Troost developments

Post by alejandro46 » Sun Aug 25, 2019 9:14 pm

missingkc wrote:
Sun Aug 25, 2019 5:34 pm
Was the building that burned going to be razed or renovated for the new project?
From my review of the PIEA submittal documents, the building on NE Corner of Brush Creek Blvd and Troost is outside the scope of the 45th & Troost Mixed Use proposal.

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Re: Troost developments

Post by FangKC » Mon Aug 26, 2019 4:47 am

The building that burned is going to be demolished for the apartment project. The 3-story building to the south -- on the corner with the faded Auto World sign -- is not being demolished as part of that project.

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Re: Troost developments

Post by missingkc » Mon Aug 26, 2019 7:25 am

Great. Thanks.

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Re: Troost developments

Post by alejandro46 » Mon Aug 26, 2019 10:18 am

FangKC wrote:
Mon Aug 26, 2019 4:47 am
The building that burned is going to be demolished for the apartment project. The 3-story building to the south -- on the corner with the faded Auto World sign -- is not being demolished as part of that project.
What's the address of the burned building? I thought it looked like the Auto World building you mentioned. Thanks for the correction.

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Re: Troost developments

Post by FangKC » Mon Aug 26, 2019 8:17 pm

4536 Troost burned.

Google Streetview:

https://www.google.com/maps/@39.0440459 ... 8192?hl=en

The former Auto World building is 4538 Troost.

Google Streetview:

https://www.google.com/maps/@39.0437764 ... 8192?hl=en

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KCtoBrooklyn
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Re: Troost developments

Post by KCtoBrooklyn » Wed Aug 28, 2019 6:59 pm

KCtoBrooklyn wrote:
Wed Mar 07, 2018 4:23 pm
In other news, the Abnos owned Apollo Theater at 3229 Troost is currently up for sale for $415,000.

Current facade:
Image

Historic photo:
Image

Rendering:
Image

I wonder how much, if any, of the original details are behind the current facade and if it could be restored or would need to be rebuilt. The rendering looks like new construction.

Listing:
http://www.loopnet.com/for-sale/?bb=wyv_i21hlKh_hu6C
The Apollo Theater is under contract, as is the Shoe Warehouse building across the street.

Image

The two buildings to the north of Shoe Warehouse currently host a junk store that has been having a going out of business/moving clearance sale for a while now. I wouldn't be surprised if those buildings are under contract as well.

I have no idea who might be behind this (or whether it is indeed a single entity), but with UC-B building the apartment building on the corner of Linwood, I wouldn't be surprised if they were looking to buy surrounding buildings on Troost like they did with Scholar's Row.

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Re: Troost developments

Post by chaglang » Wed Aug 28, 2019 7:39 pm

If that junk store goes out of business, how will I know where to buy back my lawnmower? :lol:

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Re: Troost developments

Post by KCtoBrooklyn » Tue Sep 03, 2019 9:36 am

KCtoBrooklyn wrote:
Tue May 21, 2019 2:06 pm
The following is on the agenda for the Industrial Development Authority's meeting tomorrow:
RESOLUTION OF THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE
CITY OF KANSAS CITY, MISSOURI APPROVING A PROJECT FOR 3930
TROOST LLC, A MISSOURI LIMITED LIABILITY COMPANY, AND
DETERMINING THE INTENT OF THE INDUSTRIAL DEVELOPMENT
AUTHORITY OF THE CITY OF KANSAS CITY, MISSOURI, TO ISSUE ITS
MULTIFAMILY HOUSING REVENUE BONDS IN ONE OR MORE SERIES IN AN
AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $5,000,000 TO FINANCE
THE COSTS OF SUCH PROJECT. (OGLESBY HOTEL APARTMENTS PROJECT)
I don't see any details of the project, but googling 3930 Troost LLC shows that they applied for MHDC Financing/Tax Credits for 25 affordable 1-bed apartments($500-$575). This is right next to Bishop Sullivan Center, so it might be a good guess that they are involved.

I really hope they tear down the addition in front of this building. I have always thought this is a great looking building, but it needs some love and is obscured by the addition. I hope they put some money into bringing the exterior back to it's former glory.
The Industrial Development Authority of City of Kansas City, Missouri (the
“Authority”), will conduct a public hearing at 10:00 a.m. on Tuesday, September 17, 2019, at
the offices of the Authority, 300 Wyandotte, Suite 400, Kansas City, Missouri 64105 to
consider the issuance by the Authority of one or more series of Multifamily Housing Revenue
Bonds (the “Bonds”) in the maximum principal amount of $5,800,000.00. The proceeds of the
Bonds will be loaned to 3930 Troost LLC a Missouri limited liability company (the “Borrower”),
to finance all or a portion of the rehabilitation of an existing building located at 3930 Troost
Avenue in Kansas City, Missouri 64110 to include 25 affordable and market rate housing units
(the “Project”). The Borrower is the expected initial principal user of the Project.

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chaglang
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Re: Troost developments

Post by chaglang » Tue Sep 03, 2019 9:41 pm

Wild. I thought the Oglesby Hotel thing was dead.

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KCtoBrooklyn
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Re: Troost developments

Post by KCtoBrooklyn » Thu Sep 05, 2019 11:00 am

chaglang wrote:
Thu Feb 28, 2019 10:58 am
The last I heard, the general idea was to build on the street edge of Troost and 27th and put the parking in back, with access off of 27th. I think it would have worked without the extra parcel. It's a little frustrating that the redevelopment of both of the south corners got hung up on this other property. Even if Botwin wasn't a good fit, there's no guarantee that someone else will be able to acquire that property.
The property to the south of the SW corner is now on the market for $130k. Seems reasonable. I'm not sure where things are in the RFP for those corners, but hopefully this will help everything move forward.

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Re: Troost developments

Post by KCKev2 » Fri Sep 06, 2019 5:16 pm

chaglang wrote:
Wed Aug 28, 2019 7:39 pm
If that junk store goes out of business, how will I know where to buy back my lawnmower? :lol:
Well the junk store is probably out of business after the fire Monday night/Tuesday morning. All three buildings on the west side of that block were damaged.

https://www.kshb.com/news/crime/blaze-d ... businesses

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Re: Troost developments

Post by nickyrosstheboss » Mon Sep 09, 2019 9:35 am

Did anyone else notice they had a going out of business sign in front like 2 days before.....

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chaglang
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Re: Troost developments

Post by chaglang » Mon Sep 09, 2019 3:38 pm

That's the going out of business sign for this week's business. Different week, different business, same garage sale.

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Re: Troost developments

Post by FangKC » Thu Sep 12, 2019 8:22 am

The Marcato Apartments at 27th and Troost are now leasing.

https://marcatokc.com/

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Re: Troost developments

Post by KCtoBrooklyn » Thu Sep 12, 2019 4:21 pm

Well it looks like the Shoe Warehouse and the Apollo Theater are both slated to be medical marijuana businesses (pending license approval, I assume). The Shoe Warehouse is proposed to be an infused product manufacturer and the the theater is to be a dispensary.

Those both seems like rather larger spaces for those uses. I wonder if the buildings would be split for multiple uses. There are different business names on the applications, so they don't appear to be related.

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Re: Troost developments

Post by FangKC » Thu Sep 12, 2019 5:33 pm

Low-Income Housing Project to Serve Homeless, Young Adults with HIV/AIDS

A 50-unit apartment project that will set aside one-fourth of its units for homeless, young adults diagnosed with HIV/AIDS is planned for 31st and Harrison streets, about a block west of a reviving stretch of Troost Avenue.
...
The four-story apartment building will include 12, studio units; 27, one-bedroom, and 11, two-bedroom units. Each will have a kitchen and washer and dryer.

The remaining 38 units will be reserved for residents who qualify for low-income housing programs. Low-income is defined as people earning 60 percent or less of the area median income.
...

https://cityscenekc.com/housing-project ... -hiv-aids/

Location:

https://www.google.com/maps/@39.0707563 ... !1e3?hl=en

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Re: Troost developments

Post by Riverite » Thu Sep 12, 2019 11:50 pm

That’s such a cool idea. I’ve read an article or stat before where I believe it said it is actually cheaper to house homeless people and help get them on their feet, vs not doing it. I’m not sure of the validity of that though

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Re: Troost developments

Post by FangKC » Fri Sep 13, 2019 4:59 am

Much of the expense of homelessness for society is that people repeatedly end up in emergency rooms. They run up huge bills they cannot pay--often because they are living with chronic illness. Some also end up in jail regularly, and that has costs as well. The biggest providers of mental health care in the USA are jails and prisons.

The housing is important, because it's nearly impossible for a homeless person to hold down any type of job, or find employment to get back on their feet. Homeless are not always people with substance abuse problems. Many times they are simply people who lost their job, couldn't pay rent, and don't have money to put down a deposit on a new apartment.

Another thing to keep in mind that if you are over age 50, and suddenly lose your job, unless one is highly skilled, it usually takes months, not weeks, to find another job. If you do find one, it often will be for less money than the past job. I think the often-cited statistic is that 40 percent of Americans don't have $500 saved for an emergency. Many carry high credit care debt, or are into high interest payday loans.

The most common things that cause financial ruin for people are losing a job, and medical problems.

Another thing is that foster kids aging out of the system have very high rates of homelessness.

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