Re: OFFICIAL - Ashland at River Market
Posted: Thu May 19, 2022 11:24 am
Maybe we're good luck lol
Maybe we're good luck lol
Exciting to officially hear a worthwhile project is still alive. I actually have two questions if I may and totally respect if you can't answer.CrossroadsUrbanApts wrote: ↑Thu May 19, 2022 9:36 am I wasn't the source for this article (Gabe Tovar was), but it is a nice write-up.
https://cityscenekc.com/stalled-ashland ... this-year/
For Oaks River Market, the developer plans a market-rate, mixed-use project with a two-level parking garage, though a final unit count has not yet been determined. The project won't seek incentives.
https://www.bizjournals.com/kansascity/ ... 0#cxrecs_sBjornnes said the team ideally will break ground on Oaks River Market later in 2022, though he noted that project quality, not speed, will drive its schedule. Construction is estimated to take 18 to 20 months.
They're getting rid of the retail section and making it apartments?CrossroadsUrbanApts wrote: ↑Thu May 19, 2022 1:14 pm I can tell you what we intend at this moment, but don't rake me over the coals if the situation changes and we need to pivot down the road...
1) Redesign is intended to be fairly minimal. Maybe add a few more apartments in lieu of part of the amenity space and switch some commercial (Walnut side) to residential. Overall the new owner likes the aesthetic of the old plans. The plans are also several years old and need to be updated to most recent building code.
2) No plans to seek incentives at the moment, as the current incentive system is unworkable. This is the part that makes me the most nervous to make promises on, because construction costs are getting uglier by the day and rents are fairly flat. The new owner takes a very long-term perspective (to his credit) but there are not many investors like him willing to be so patient.
No, not all of the retail. Keeping commercial at corner of 3rd and Grand.AlkaliAxel wrote: ↑Thu May 19, 2022 7:57 pmThey're getting rid of the retail section and making it apartments?CrossroadsUrbanApts wrote: ↑Thu May 19, 2022 1:14 pm I can tell you what we intend at this moment, but don't rake me over the coals if the situation changes and we need to pivot down the road...
1) Redesign is intended to be fairly minimal. Maybe add a few more apartments in lieu of part of the amenity space and switch some commercial (Walnut side) to residential. Overall the new owner likes the aesthetic of the old plans. The plans are also several years old and need to be updated to most recent building code.
2) No plans to seek incentives at the moment, as the current incentive system is unworkable. This is the part that makes me the most nervous to make promises on, because construction costs are getting uglier by the day and rents are fairly flat. The new owner takes a very long-term perspective (to his credit) but there are not many investors like him willing to be so patient.
CrossroadsUrbanApts wrote: ↑Fri May 20, 2022 8:03 amNo, not all of the retail. Keeping commercial at corner of 3rd and Grand.AlkaliAxel wrote: ↑Thu May 19, 2022 7:57 pm
They're getting rid of the retail section and making it apartments?
https://cityscenekc.com/planned-apartme ... 102-units/He said the appearance of the building, five floors of residential above two levels of parking, remains relatively unchanged and NSPJ Architects of Prairie Village is still the designer. Hausmann Construction of Lincoln, Neb. will be the contractor.
...
If the project breaks ground by the end of the year, it should be completed by spring 2024.
I wish my apartment had this. I only use my car once or twice a week. Streetcar or walk the rest.Chris Stritzel wrote: ↑Tue Jul 19, 2022 3:39 pm I like that they’re going to try bringing electric car sharing to this project. It’s an amenity that I think makes sense on a streetcar or transit line. While transit is a good way to get around, you can’t get everywhere with it. So offering electric cars as an amenity for use when one needs to go somewhere in town not easily accessed by transit, or is to expensive by Uber/Lyft, then this is a great option. Hopefully it becomes more common
It's a very cool idea. Hope to see more of this.Chris Stritzel wrote: ↑Tue Jul 19, 2022 3:39 pm I like that they’re going to try bringing electric car sharing to this project. It’s an amenity that I think makes sense on a streetcar or transit line. While transit is a good way to get around, you can’t get everywhere with it. So offering electric cars as an amenity for use when one needs to go somewhere in town not easily accessed by transit, or is to expensive by Uber/Lyft, then this is a great option. Hopefully it becomes more common
Used it freshman and sophomore years of college. Big fan.earthling wrote: ↑Tue Jul 19, 2022 4:23 pm ^You're a candidate for ZipCar. Too bad they pulled out of MO. Maybe when streetcar extensions are complete they'll take another shot with KC.
Even so with 6X per month you could do Uber/bike and not pay for a car, maintenance, insurance, and for many, parking. Profit.
The city could have subsidized it, but they weren't interested. We're not that hot of a market, even with the streetcar extension.
Don't forget the Defeo project at 3rd and Oak.Chris Stritzel wrote: ↑Fri Jul 22, 2022 12:03 am Revised plans were uploaded to Compass. As previously said, design didn't change but floor plans seemed to have changed a bit to fit the additional units. Really happy this got denser.
Would be lovely to have this, 3rd and Grand, City Harvest, and 413 Delaware all rise at the same time for ultimate construction boom effect + rapid densification.