$200M E Side Mixed-Use Project - 63rd/Prospect

[flyingember]

Will this cause gentrification in the area?

If you mean displacement, just use that word instead.

displacement happened more than a decade ago. that impact was long ago seen

this is much more a the same as the question of what value does a brand new country club bring to a farming community.

[DaveKCMO]

Will this cause gentrification in the area?

If you mean displacement, just use that word instead.

displacement happened more than a decade ago. that impact was long ago seen

this is much more a the same as the question of what value does a brand new country club bring to a farming community.

There are still residents in adjacent homes to the north and west.

[flyingember]

If you mean displacement, just use that word instead.

displacement happened more than a decade ago. that impact was long ago seen

this is much more a the same as the question of what value does a brand new country club bring to a farming community.

There are still residents in adjacent homes to the north and west.

It didn’t look like they were going to be bought out.

[earthling]

KC paves way for $200M transformation of long-ailing 63rd and Prospect site, starting with apartments, hotel
https://www.bizjournals.com/kansascity/ ... -site.html

Last week, the City Council gave the green light to a general development plan and a blight finding for the northwest corner of 63rd Street and Prospect Avenue, where Miami-based UrbanAmerica proposes a range of uses under its SouthPointe at 63rd Street project. The city's Planned Industrial Expansion Authority signed off on those measures in mid-July.

The city also approved $500,000 in Central City Economic Development funding for UrbanAmerica's pre-development expenses on a 300-apartment community, with market rate, workforce and affordable units.

[earthling]

[FangKC]

I imagine there is also some need for a hotel near Research Medical Center. People who are in town attending to hospitalized family members need a place to stay. Patients having early surgeries the next day might want to convenience of staying in town the night before, and a place to go after outpatient procedures until follow-up post-surgical appointments.

[kcjak]

I agree - this should be a great location for a hotel and also some decent restaurants. Starlight Theater, the zoo and Swope Park soccer fields are all just down the street and there aren't a lot of similar amenities anywhere in the area.

[earthling]

Maybe I'm overstating but this project could be one of the most important projects of the last 50+ years in terms of a potential catalyst for the E Side. All the projects along Troost and 18th/Vine add to it too but this one is a breakthrough beyond the E Side borders. The $50M+ Prospect MAX line that also upgraded streets/sidewalks is poised to potentially help momentum continue.

Are there other similar cities with traditionally economically distressed districts with recent momentum and $M investment to this degree? Troost alone is impressive but this could be more significant to heart of E Side overall if it spurs a lot of spinoff along Prospect.

[Riverite]

Maybe I'm overstating but this project could be one of the most important projects of the last 50+ years in terms of a potential catalyst for the E Side. All the projects along Troost and 18th/Vine add to it too but this one is a breakthrough beyond the E Side borders. The $50M+ Prospect MAX line that also upgraded streets/sidewalks is poised to potentially help momentum continue.

Are there other similar cities with traditionally economically distressed districts with recent momentum and $M investment to this degree? Troost alone is impressive but this could be more significant to heart of E Side overall if it spurs a lot of spinoff along Prospect.

I definitely agree, prospect is more of an important road than troost for the East Side. It’s smack down in the heart of it, I’d love to see prospect to eventually turn into the second north south route for the tram.

[kboish]

I agree. This is a really important development for KC. Hopefully it doesnt take too long to get going.

Id say 18th and Vine is equal in importance, but since 18th and Vine already has had some investment- this project probably tops the list.

[alejandro46]

I echo the fact that this is a critical project. Alone it is important, but collectively it is one of a number of redevelopment projects along 63rd street, "Brookside East" or whatever its going by these days. There are some decently larger homes behind this development in Citadel neighborhood as well, I'm sure everyone in the area is excited that this toxic vacant area is finally getting developed.

[earthling]

Anyone want to take a shot at adding up $M investments for all realistically proposed/recently completed Central E Side projects (E Side of Troost to Cleveland Ave/Swope Pkwy, Truman to 85th)?

[DaveKCMO]

Maybe I'm overstating but this project could be one of the most important projects of the last 50+ years in terms of a potential catalyst for the E Side. All the projects along Troost and 18th/Vine add to it too but this one is a breakthrough beyond the E Side borders. The $50M+ Prospect MAX line that also upgraded streets/sidewalks is poised to potentially help momentum continue.

Are there other similar cities with traditionally economically distressed districts with recent momentum and $M investment to this degree? Troost alone is impressive but this could be more significant to heart of E Side overall if it spurs a lot of spinoff along Prospect.

KCATA is also playing a role in property assembly for projects along Prospect. Nothing to do with the 63rd Street project, but in other spots where things are smaller scale and community driven.

[normalthings]

Maybe I'm overstating but this project could be one of the most important projects of the last 50+ years in terms of a potential catalyst for the E Side. All the projects along Troost and 18th/Vine add to it too but this one is a breakthrough beyond the E Side borders. The $50M+ Prospect MAX line that also upgraded streets/sidewalks is poised to potentially help momentum continue.

Are there other similar cities with traditionally economically distressed districts with recent momentum and $M investment to this degree? Troost alone is impressive but this could be more significant to heart of E Side overall if it spurs a lot of spinoff along Prospect.

KCATA is also playing a role in property assembly for projects along Prospect. Nothing to do with the 63rd Street project, but in other spots where things are smaller scale and community driven.

is that related to the TOD grant

[DaveKCMO]

It predates the grant.

[shinatoo]

I'd be happy if 63rd and 59th were paved roads. I think they both have degraded past the 50% point that they would be considered gravel.

Maybe a slight exaggeration, but they have two be two of the worst core roads in the city right now.

[earthling]

Central to the project's first phase is a 250-unit workforce housing community with a mix of one- and two-bedroom residences, to be co-developed by UrbanAmerica and Gateway Properties LLC, an affiliate of Jersey City-based Gateway Merchant Banking. The complex will comply with Kansas City's affordable housing ordinance, with 25 apartments reserved apiece for tenants earning up to 70% and 30% of the city’s median family income (MFI).

Another phase one component is a 168,800-square-foot, four-story mixed-use building with three levels of offices above ground-floor retail along 63rd Street. In tandem with future mixed-use offices planned to the west, the building could accommodate eventual tenant relocations from the Location 1 office building farther west at 1734 E. 63rd St., Farmer said during the meeting.
...
Farmer said UrbanAmerica is working aggressively to break ground on the first phase as close to the beginning of 2022 as possible.

https://www.bizjournals.com/kansascity/ ... hases.html

[alejandro46]

We should incentivize the heck out of this project. One thing about it - I wish there was less parking/more residential above parking garage.

[earthling]

The backside looks a little more car oriented than people oriented too, though 63rd/Prospect sides are ideal - a reasonable balance. Overall great project. Hopefully it spurs more dev along Prospect.

[daGOAT]

Rezoning for this project on City Plan Commision 3/15