Two Light - 14th & Grand

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LCDSI
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Re: Proposed apartment for 14th and Grand - Two Light

Post by LCDSI » Fri May 15, 2015 11:25 pm

The preliminary website is up for two light.

http://twolightkc.com

Interesting thing is the threelightkc and fourlightkc urls have also been secured. Cordish must be planning to move quickly on these developments.

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normalthings
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Re: Proposed apartment for 14th and Grand - Two Light

Post by normalthings » Fri May 15, 2015 11:49 pm

rxlexi wrote:
That's why downtown boosters need to go after more outatown hirise developers. Instead of waving major incentives in front of them, wave the 98% occupancy and 1000+ waiting list of people willing to pay over $2/sqft.
I agree wholeheartedly in theory, but I'm not sure how you go about "going after" out of town developers. For example, look at UDR (based out of Denver), developers of (amongst many other high-end multifamily) Cirque tower in downtown Dallas. As a company, their development wing is targeting the largest markets with the highest rent growth (LA, Boston, NYC, San Fran, San Diego, Seattle, Dallas). Not sure how you get them to touch a market like KC, to be honest.

http://www.udr.com/dallas-apartments/up ... as/cirque/
We need to market Kansas City to foreign investment. Much of the growth in cities like San Fransisco, New York, Miami, Houston, etc is foreign investment.

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normalthings
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Re: Proposed apartment for 14th and Grand - Two Light

Post by normalthings » Sat May 16, 2015 12:00 am

LCDSI wrote:The preliminary website is up for two light.

http://twolightkc.com

Interesting thing is the threelightkc and fourlightkc urls have also been secured. Cordish must be planning to move quickly on these developments.
whois.net shows that onelightkc.com ; twolightkc.com ; threelightkc.com ; and fourlightkc.com were all registered on January 31st, 2014.
GoDaddy is the registar for all 4 websites,

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Re: Proposed apartment for 14th and Grand - Two Light

Post by flyingember » Sat May 16, 2015 1:18 pm

LCDSI wrote:The preliminary website is up for two light.

http://twolightkc.com

Interesting thing is the threelightkc and fourlightkc urls have also been secured. Cordish must be planning to move quickly on these developments.
You clearly haven't worked somewhere that buys every domain name and its variants so someone else can't own a similar name to any possible brand let alone current names

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Re: Proposed apartment for 14th and Grand - Two Light

Post by longviewmo » Sat May 16, 2015 8:48 pm

That being said, fivelightkc.com is available.

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grovester
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Re: Proposed apartment for 14th and Grand - Two Light

Post by grovester » Sat May 16, 2015 8:51 pm

You clearly don't understand the numerology involved here.

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LCDSI
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Re: Proposed apartment for 14th and Grand - Two Light

Post by LCDSI » Sat May 16, 2015 10:13 pm

flyingember wrote:
LCDSI wrote:The preliminary website is up for two light.

http://twolightkc.com

Interesting thing is the threelightkc and fourlightkc urls have also been secured. Cordish must be planning to move quickly on these developments.
You clearly haven't worked somewhere that buys every domain name and its variants so someone else can't own a similar name to any possible brand let alone current names

Actually flying member that is my point. They've locked it not only to prevent someone from squatting or charging high price but also to prepare for the future towers

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Re: Proposed apartment for 14th and Grand - Two Light

Post by bhedges1987 » Sat May 16, 2015 11:10 pm

LCDSI wrote:
flyingember wrote:
LCDSI wrote:The preliminary website is up for two light.

http://twolightkc.com

Interesting thing is the threelightkc and fourlightkc urls have also been secured. Cordish must be planning to move quickly on these developments.
You clearly haven't worked somewhere that buys every domain name and its variants so someone else can't own a similar name to any possible brand let alone current names
Will be years before three and four light are announced. I'm honestly expecting them to only do 1&2 light.


Actually flying member that is my point. They've locked it not only to prevent someone from squatting or charging high price but also to prepare for the future towers

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Re: Proposed apartment for 14th and Grand - Two Light

Post by LCDSI » Sun May 17, 2015 2:23 am

If we're lucky they'll announce three light in 2017 and the final tower announcement the following year.

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Re: Proposed apartment for 14th and Grand - Two Light

Post by FangKC » Sun May 17, 2015 7:19 am

I guess Five Light could go on top of the 13th and Main retail building where they planned for a second H&R Block tower.

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Re: Proposed apartment for 14th and Grand - Two Light

Post by mgh7676 » Thu Jun 04, 2015 2:02 pm

I'm slightly surprised that Two Light would get built before the Midland Office Building renovation. IIRC, wasn't Cordish on the hook for the Midland building? Is there any reason work hasn't begun on this building?

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Re: Proposed apartment for 14th and Grand - Two Light

Post by FangKC » Thu Jun 04, 2015 3:18 pm

I have been wondering the same thing mgh7676. I drove by that building on Tuesday and nothing is happening.

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Re: Proposed apartment for 14th and Grand - Two Light

Post by flyingember » Thu Jun 04, 2015 4:51 pm

FangKC wrote:I have been wondering the same thing mgh7676. I drove by that building on Tuesday and nothing is happening.
You can't say if renovation is happening from the outside. It's possible there's a lot of interior work going on.

Has anyone checked for permits on the project?

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Re: Proposed apartment for 14th and Grand - Two Light

Post by mgh7676 » Thu Jun 04, 2015 5:19 pm

flyingember wrote:
FangKC wrote:I have been wondering the same thing mgh7676. I drove by that building on Tuesday and nothing is happening.
You can't say if renovation is happening from the outside. It's possible there's a lot of interior work going on.

Has anyone checked for permits on the project?

No barricades around building, no obvious work going on. Just checked Kiva to confirm, and no permits have been issued since 2008 "Midland Theater Condiminium" permit to Cordish.

According to this article, work was expected to begin in 2014...
http://www.kansascity.com/news/business ... tower.html

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Re: Proposed apartment for 14th and Grand - Two Light

Post by DaveKCMO » Thu Jun 04, 2015 9:06 pm

i believe the deal that made the power & light building happen affected the parking supply to support midland.

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Re: Proposed apartment for 14th and Grand - Two Light

Post by moderne » Thu Jun 04, 2015 10:24 pm

Boutique hotel would need less parking?

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Re: Proposed apartment for 14th and Grand - Two Light

Post by Pork Chop » Fri Jun 05, 2015 8:51 am

moderne wrote:Boutique hotel would need less parking?
How much parking would it need to leave it as an office building? Is it a class B or C building? I remember reading somewhere that taking up a lot of the B and C office buildings for residential has a consequence of taking up space that entrepreneurs use for their businesses. The article may have been nationally related and not specific to KC though i.e. I don't know how much class B and C office buildings are left downtown.

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Re: Proposed apartment for 14th and Grand - Two Light

Post by flyingember » Fri Jun 05, 2015 9:10 am

I would guess 3-4x for offices vs hotel

a hotel room frequently has one car per 500 square feet. you have a lot more dedicated hallways, suites for business travelers, lounge space and such. whereas offices tend to have a lot more small cube work spaces.

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Re: Proposed apartment for 14th and Grand - Two Light

Post by Pork Chop » Fri Jun 05, 2015 10:45 am

flyingember wrote:I would guess 3-4x for offices vs hotel

a hotel room frequently has one car per 500 square feet. you have a lot more dedicated hallways, suites for business travelers, lounge space and such. whereas offices tend to have a lot more small cube work spaces.

Makes total sense. Thanks.

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Re: Proposed apartment for 14th and Grand - Two Light

Post by normalthings » Thu Jul 16, 2015 4:20 am

Any new news?

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