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Re: hyde park: believe the hype?
Posted: Fri Feb 05, 2016 12:07 am
by FangKC
I thought the hotel was planned for the east side of Troost north of 24th Street.
Re: hyde park: believe the hype?
Posted: Fri Feb 05, 2016 8:44 am
by Eon Blue
FangKC wrote:I thought the hotel was planned for the east side of Troost north of 24th Street.
You're right.
Re: hyde park: believe the hype?
Posted: Thu Feb 18, 2016 4:23 pm
by TheBigChuckbowski
http://www.bizjournals.com/kansascity/n ... ml?ana=twt
The massive structure that has stood vacant at 911 Linwood Blvd. for 30 years is expected to be transformed into 95 market-rate apartments.
On Thursday, the Planned Industrial Expansion Authority board supported the $12 million project by approving an 18-year, 88 percent property tax abatement for the developer, Leawood-based Brickstone Capital Partners LLC.
Charles Renner, a Husch Blackwell LLP attorney representing the developer, said the six-story brick building, constructed as the Belmont Hotel in 1912, has qualified for inclusion on the National Register of Historic Places, making the project eligible for state and historic tax credits, as well.
Even so, Renner said, the developers still face a financing gap, which could qualify the project for one of the first grants from the new Shared Solutions Fund that Kansas City is expected to create to boost projects in distressed census tracts.
Re: hyde park: believe the hype?
Posted: Thu Feb 18, 2016 6:07 pm
by grovester
Great, the first East side grants go to a Leawood developer. I'm sure that won't be a headline.
Re: hyde park: believe the hype?
Posted: Thu Feb 18, 2016 6:20 pm
by Eon Blue
I prefer to see it as a local developer being willing to take a chance on a building [_____] this close to Troost. That's kinda exciting.
Re: hyde park: believe the hype?
Posted: Thu Feb 18, 2016 8:11 pm
by grovester
I'm with you, just have little faith in the media and as I have come to call them, "The Petitioners".
Re: hyde park: believe the hype?
Posted: Thu Feb 18, 2016 8:20 pm
by FangKC
I don't care where the developer lives as long as buildings get renovated, and are no longer a problem in the neighborhood.
Re: hyde park: believe the hype?
Posted: Thu Feb 18, 2016 8:37 pm
by beautyfromashes
He'll make bank on that building. Good for him.
Re: hyde park: believe the hype?
Posted: Thu Feb 18, 2016 10:44 pm
by KCtoBrooklyn
This developer is also rehabbing the apartment building around 30th and Harrison that was long vacant and used to have the weird plastic umbrellas in front of it. I think the work is almost done and it's looking pretty good.
They have big plans for the building at 911 Linwood and it is supposed to offer many amenities, including a roof top deck. They are trying to outdo Mac on the finishes and amenities while keeping the price the same.
The developer has also expressed interest in doing more projects around the Troost corridor.
Re: hyde park: believe the hype?
Posted: Fri Feb 19, 2016 12:21 am
by FangKC
I remember the apartments with the umbrellas. Weren't they a sort of defacto artist colony?
http://tinyurl.com/heepgbk
Re: hyde park: believe the hype?
Posted: Fri Feb 19, 2016 2:03 am
by FangKC
Re: hyde park: believe the hype?
Posted: Fri Feb 19, 2016 2:03 am
by FangKC
The other would be the Hawthorne Plaza apartment building near 39th and Main.
Re: hyde park: believe the hype?
Posted: Fri Feb 19, 2016 9:30 am
by town cow
Great, the first East side grants go to a Leawood developer. I'm sure that won't be a headline.
What the PIEA approved was a property tax abatement, not a grant from the program that the mayor proposed recently.
Re: hyde park: believe the hype?
Posted: Fri Feb 19, 2016 9:59 am
by grovester
Maybe I misunderstood, there was a mention of perhaps still being a funding gap that might be closed with the new fund.
"Even so, Renner said, the developers still face a financing gap, which could qualify the project for one of the first grants from the new Shared Solutions Fund that Kansas City is expected to create to boost projects in distressed census tracts."
Re: hyde park: believe the hype?
Posted: Fri Feb 19, 2016 3:00 pm
by DaveKCMO
i believe council would need to approve that fund.
Re: hyde park: believe the hype?
Posted: Fri Feb 19, 2016 3:28 pm
by kboish
DaveKCMO wrote:i believe council would need to approve that fund.
...and then money would need to accumulate in the fund (from PILOTS of DT projects BTW). And then whoever is in charge of that fund would need to approve those funds for that guys project...it has a few steps to go yet.
Re: hyde park: believe the hype?
Posted: Wed Mar 02, 2016 3:49 pm
by brewcrew1000
Just heard thru the grapevine that the Citizens of the World charter school is looking like it will be going into the white building on Armour and Broadway, i believe that is the NE Corner
Re: hyde park: believe the hype?
Posted: Wed Mar 02, 2016 4:49 pm
by taxi
I heard the same thing. Is that Hyde Park?
Re: hyde park: believe the hype?
Posted: Wed Mar 02, 2016 4:56 pm
by brewcrew1000
Its in Old Hyde Park, don't think there is a sub thread for Old Hyde Park.
Re: hyde park: believe the hype?
Posted: Wed Mar 02, 2016 5:40 pm
by DaveKCMO
brewcrew1000 wrote:Its in Old Hyde Park, don't think there is a sub thread for Old Hyde Park.
my understanding is the only thing that separates the two is that OHP is the part that is a registered historic neighborhood?