SiouxCity KCMO Man wrote: ↑Thu Oct 12, 2023 11:20 pm
I want to believe DT has several high rises on the way, but so much of this stuff never seems to come to fruition. What percentage of the stock still DT needs renovated that is currently vacant. The old Fed Reserve, Scarritt to name just a couple. I really hope some of this stuff starts happening and that the designs are more than just cookie cutter stuff! In PNL, how much more space is there? After 4L and Midland what is left?
The old Muehlebach, Federal Reserve, Scarritt, 901 Grand/Temple Building (although the owner uses the second floor for his office), old Louis Curtis Studio building on McGee, the Abnos-owned building at 10th and Oak. These are the ones I can think of off the top of my head. They’re all smaller though and much more manageable. However, in the case of Louis Curtis and the Abnos buildings, they’re small and can be difficult to work with. You’re nearing the point where new construction proposals will become more common, but you need the Federal Reserve and Muehlebach to be redeveloped first.
Muehlebach should’ve redeveloped been when Hotel KC was underway, but that fizzled out. Hopefully that redevelopment commences after the Midland is proven to be a success. If the developer of the Federal Reserve and Scarritt were both experienced, both would’ve been done by now.