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OFFICIAL - LuxLiving 'The Wonderland' (formerly Faultless Linen)
Posted: Wed Jul 27, 2016 11:34 am
by miz.jordan17
http://www.bizjournals.com/kansascity/n ... roads.html
The company is now taking their properties off the market. Does anybody else see this as an opportunistic move to wait until their property values increase more? But I guess it could be that they have to focus more on finding a new space in St. Louis. Either way, it works out well for them.
Re: OFFICIAL - LuxLiving 'The Wonderland' (formerly Faultless Linen)
Posted: Wed Jul 27, 2016 1:06 pm
by flyingember
miz.jordan17 wrote:
The company is now taking their properties off the market. Does anybody else see this as an opportunistic move to wait until their property values increase more?
Duh.
Re: OFFICIAL - LuxLiving 'The Wonderland' (formerly Faultless Linen)
Posted: Wed Jul 27, 2016 1:12 pm
by kboish
The Star article actually points out that the white building on the corner of 19th and Broadway is currently under contract and in the due diligence process. This is the largest and most prominent of all their properties, I'm surprised that isn't the headline. Excited to hear what the plans are for that.
http://www.kansascity.com/news/business ... 03752.html
Re: OFFICIAL - LuxLiving 'The Wonderland' (formerly Faultless Linen)
Posted: Wed Jul 27, 2016 3:22 pm
by taxi
Duh duh.
Re: OFFICIAL - LuxLiving 'The Wonderland' (formerly Faultless Linen)
Posted: Fri Jul 29, 2016 10:19 pm
by DaveKCMO
OFFICIAL - Opus Development (formerly Faultless Linen)
Posted: Thu Nov 10, 2016 12:48 pm
by KCtoBrooklyn
Article in the Star about this development:
http://www.kansascity.com/news/business ... 80368.html
With the proximity to the UMKC Conservatory campus, it would be nice if these could be affordable for students, but based on Opus's 51 Main development, that doesn't seem likely.
Re: Misc Crossroads News
Posted: Thu Nov 10, 2016 5:54 pm
by DaveKCMO
the 20th and main project will have 10% affordable units. second and main will have 20% (a short, free streetcar ride away). these two examples are voluntary. the city needs to get its shit together and tie TOD and incentives to an affordable minimum.
Re: OFFICIAL - Opus Development (formerly Faultless Linen)
Posted: Thu Nov 10, 2016 5:58 pm
by DaveKCMO
AlbertHammond wrote:We have a slight problem here: (can anyone see the problem?...What a sh!tty place to be a pedestrian!)
i sent feedback to the developer. pretty sure they haven't completed a planning review, so there would be a change to pass on feedback through them.
Re: OFFICIAL - Opus Development (formerly Faultless Linen)
Posted: Wed Feb 01, 2017 10:00 pm
by DaveKCMO
Re: OFFICIAL - Opus Development (formerly Faultless Linen)
Posted: Thu Feb 02, 2017 9:16 am
by kboish
This development will also have less than one parking space per unit.
The developer said they will not be asking for incentives, but are going through the process in the hopes to have a "defined tax schedule" over the next 10-15 years.
Re: OFFICIAL - Opus Development (formerly Faultless Linen)
Posted: Tue Mar 21, 2017 10:00 pm
by DaveKCMO
on thursday's council agenda:
170192 Approving an Industrial Development Plan for Opus Development Company, LLC
for the purpose of the acquisition and construction of a commercial multifamily apartment complex
and a related parking garage, located at 1923
Broadway Boulevard, Kansas City, Missouri; authorizing and approving
various agreements for the purpose of setting forth covenants, agreements
and obligations of the City and Opus Development Company, LLC or its
affiliate or designee; authorizing the issuance of taxable industrial
development revenue bonds in a maximum aggregate principal amount not to
exceed $40,000,000; authorizing and approving certain other documents; and
authorizing certain other actions in connection with the issuance of said bonds.
Re: OFFICIAL - Opus Development (formerly Faultless Linen)
Posted: Sat Apr 15, 2017 7:26 am
by DaveKCMO
project has all approvals, waiting on environmental clearance to break ground.
Re: OFFICIAL - Opus Development (formerly Faultless Linen)
Posted: Fri Jun 16, 2017 8:45 am
by Riverite
Does anyone have more information on where this is at?
Re: OFFICIAL - Opus Development (formerly Faultless Linen)
Posted: Fri Jun 16, 2017 8:54 am
by kboish
Northeast corner of 20th and Broadway
Re: OFFICIAL - Opus Development (formerly Faultless Linen)
Posted: Fri Jun 16, 2017 8:57 am
by Riverite
Oh sorry I meant, what when it will be started
Re: OFFICIAL - Opus Development (formerly Faultless Linen)
Posted: Sat Jun 17, 2017 8:17 am
by DaveKCMO
Riverite wrote:Oh sorry I meant, what when it will be started
still waiting on environmental clearance.
Re: OFFICIAL - Opus Development (formerly Faultless Linen)
Posted: Mon Jul 24, 2017 10:54 am
by DaveKCMO
DaveKCMO wrote:Riverite wrote:Oh sorry I meant, what when it will be started
still waiting on environmental clearance.
still waiting.
Re: OFFICIAL - Opus Development (formerly Faultless Linen)
Posted: Sat Dec 30, 2017 10:53 am
by DaveKCMO
this project should close in early 2018 and start shortly afterwards. environmental stuff has cleared.
Re: OFFICIAL - Opus Development (formerly Faultless Linen)
Posted: Tue Feb 27, 2018 10:31 pm
by DaveKCMO
Construction starts in April!
Re: OFFICIAL - Opus Development (formerly Faultless Linen)
Posted: Wed Feb 28, 2018 12:05 am
by GRID
If this starts along with the big development over on the Midwest hotel block this spring, the Crossroads area is going to look pretty cool with so much construction going on.