3rd & Grand to be redeveloped as TOD

[Chris Stritzel]

Parking lot now closed.

[DaveKCMO]

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

3G Development LLC paid $2.2 million last week to acquire the approximately 2-acre lot northeast of Third Street and Grand Boulevard from the Kansas City Area Transportation Authority. The joint venture concurrently secured a $46 million construction loan from Arvest Bank for a five-story, 245-apartment community it has planned for more than four years, dating to a 2019 request for proposals the KCATA issued for its parking site.

The Third and Grand apartments are planned with a 246-space podium parking garage, plus amenities including an open courtyard with a pool, fitness center, indoor gaming area and bike room with repair facilities. The complex also will house a multimodal transit hub to accommodate adjacent streetcar and bus service. 3G executed a 50-year lease, with two 25-year extension options, for a KCATA transit operator relief facility with its Feb. 29 lot purchase.

[langosta]

Hard to say this but the other corners really need to go soon too. Love the tenants and hope they can find a new home. The grocery stores are especially set up in a suburban manner

[TheLastGentleman]

Hard to say this but the other corners really need to go soon too. Love the tenants and hope they can find a new home. The grocery stores are especially set up in a suburban manner

All the corners are empty except the city diner. I’m not sure I’m following

[mister816]

Hard to say this but the other corners really need to go soon too. Love the tenants and hope they can find a new home. The grocery stores are especially set up in a suburban manner

are you saying that you want the chinese market gone?

[GRID]

Hard to say this but the other corners really need to go soon too. Love the tenants and hope they can find a new home. The grocery stores are especially set up in a suburban manner

are you saying that you want the chinese market gone?

That's what I thought

[FangKC]

I like that Chinese market.

[KC_Ari]

Maybe he meant the substation and open space in front of the steam plant?

[langosta]

Maybe he meant the substation and open space in front of the steam plant?

Substation is set to grow in size

[Chris Stritzel]

Fence around site. Pedestrian path open on 3rd.

[Chris Stritzel]

April 12th...

[TheUrbanRoo]

Groundbreaking officially today!

[bspecht]

Yesterday* https://www.instagram.com/p/C6MK_gULNvX/

Some details, Copaken joined the team via CBC: https://www.us.jll.com/en/newsroom/kc-m ... res-equity

[langosta]

Yesterday* https://www.instagram.com/p/C6MK_gULNvX/

Some details, Copaken joined the team via CBC: https://www.us.jll.com/en/newsroom/kc-m ... res-equity

Rockefeller provided equity

[DMNBT_RCJH]

Yesterday* https://www.instagram.com/p/C6MK_gULNvX/

Some details, Copaken joined the team via CBC: https://www.us.jll.com/en/newsroom/kc-m ... res-equity

Rockefeller provided equity

At the pref level of the stack?

[langosta]

Yesterday* https://www.instagram.com/p/C6MK_gULNvX/

Some details, Copaken joined the team via CBC: https://www.us.jll.com/en/newsroom/kc-m ... res-equity

Rockefeller provided equity

At the pref level of the stack?

I believe it’s the fund in this article. But I know because of chit chat and a few name drops in hard to find but public sources.

[langosta]

Tower crane is up

[fixthepotholes]

Tower crane is up

Excited to see some verticality hopefully soon!

[Chris Stritzel]

Tower crane is up

The crane symbolizes progress in the face of the kicking and screaming business owners and visitors who didn't want this parking lot replaced.

[KCPowercat]

The only complaining I've heard on parking being removed is on 5th and Main, this lot will be replaced with public parking.