Three Light

[Bbc333]

Does anyone have an idea how much the condos will sell for in Three Light?

[DaveKCMO]

Does anyone have an idea how much the condos will sell for in Three Light?

No clue. Since no one has added any condo supply to greater downtown in maybe a decade, it's hard to guess what a brand new construction building will sell for.

[moderne]

I would guess over a million.

[KCPowercat]

I would guess over a million.

Oh man that would be awesome I just don't see it.

[moderne]

Was just thinking of condos at comparable heights on the south side of the Plaza. Was just in one on 18th floor that not only had Plaza views, but also DT, Nelson, sports complex. Even spotted Cerner/Bannister on the horizon. 3 br 1700 sq ft. Imagine 3 Light could have similar view in reverse.

[normalthings]

I would guess over a million.

The Penthouse apartments at Two Light go for max ~$6,000 per month. Three Light will be higher. Let's say your mortgage at 3 Light is about the same. My home loan calculator shows that a $6,000 a month payment buys you a $1 million home at 6% interest for 30 years w/ nothing down.

This approach appears to be roughly in line with a sampling of mixed apartment-condo towers in Chicago. If anything, a few quick searches show that there in condo monthly payments are a few hundred/month more than apartment rent.

[normalthings]

Three Light construction has been put on “hold” pending the settling of some political waters. Project is still pretty much good to go.

[TheLastGentleman]

Three Light construction is on “hold” pending the settling of some political waters.

Uh oh

[langosta]

Three Light construction has been put on “hold” pending the settling of some political waters. Project is still pretty much good to go.

Not necessarily a bad thing. It makes sense considering the ongoing change of power at city hall.

[DColeKC]

Three Light construction is on “hold” pending the settling of some political waters.

Uh oh

Political Waters = Strata/Class-A office building.

[earthling]

Why political, aren't terms clear enough in agreement?

[DColeKC]

Why political, aren't terms clear enough in agreement?

Apparently not to all parties involved. I was told David Cordish flew in recently to meet with the city and the Governor. He very rarely came to town when I was with them.

[normalthings]

Why political, aren't terms clear enough in agreement?

Apparently not to all parties involved. I was told David Cordish flew in recently to meet with the city and the Governor. He very rarely came to town when I was with them.

I wonder why the Governor would be included in a spat between Cordish and KC over Strata.

[DColeKC]

Why political, aren't terms clear enough in agreement?

Apparently not to all parties involved. I was told David Cordish flew in recently to meet with the city and the Governor. He very rarely came to town when I was with them.

I wonder why the Governor would be included in a spat between Cordish and KC over Strata.

Could be a completely unrelated visit.

[langosta]

Three Light construction is on “hold” pending the settling of some political waters.

Uh oh

Political Waters = Strata/Class-A office building.

Does Cordish plan their own Class-A office building?

[DColeKC]

Uh oh

Political Waters = Strata/Class-A office building.

Does Cordish plan their own Class-A office building?

Yes. Other Markets include:

St Louis: http://www.stlballparkvillage.com/work
Philly: https://pattisonplaceoffices.com

[langosta]

Political Waters = Strata/Class-A office building.

Does Cordish plan their own Class-A office building?

Yes. Other Markets include:

St Louis: http://www.stlballparkvillage.com/work
Philly: https://pattisonplaceoffices.com

On the site of Strata or somewhere else? I would hope to see something taller than those 2 being built in KC(Strata site or elsewhere). Can you share how far along this idea is?

[langosta]

Opening pushed to 2022

[Riverite]

When will they start building

[langosta]

When will they start building

Unsure