The Midland Lofts (formerly Midland Office Building)

[Chris Stritzel]

Wanna hear something wild?

The Midland Lofts website says 53 apartments are available of the 135 being built. Already 60% leased if that's the case. Could they open with a 90%+ occupancy number?

Are these the P&L District "affordable" units? If so, shows there is a market for that in downtown.

They’re far more affordable than most housing product built downtown in recent years. Some apartments rent for below $900 per month, but those are smaller units. The amenity package for this property, despite being small, is packed.

[Chris Stritzel]

Wanna hear something wild?

The Midland Lofts website says 53 apartments are available of the 135 being built. Already 60% leased if that's the case. Could they open with a 90%+ occupancy number?

33 available apartments. 75.5% pre-leased.

[langosta]

Could be 20 of 55 leased

[DColeKC]

Wanna hear something wild?

The Midland Lofts website says 53 apartments are available of the 135 being built. Already 60% leased if that's the case. Could they open with a 90%+ occupancy number?

33 available apartments. 75.5% pre-leased.

All of the sub $800/month units went fast. Opening is now June.

[DMNBT_RCJH]

Sign is up on corner of building at 13th and Baltimore. Looks nice.

[langosta]

75%+ leased by opening per KB Biz. Journal

[DColeKC]

75%+ leased by opening per KB Biz. Journal

Might exceed that amount if it keeps up. Very cool to see.
Also mentioned and well known here but third historic building that Cordish has renovated in PNL.

[dukuboy1]

bring on the residents! Also let's hope we can get some more businesses downtown as well so these folks can walk to work.

[WoodDraw]

It’s worth noting that this took like a billion years and only happened because of negotiations with the city.

What we need is more developers and policies that make development a right!

[DColeKC]

It’s worth noting that this took like a billion years and only happened because of negotiations with the city.

What we need is more developers and policies that make development a right!

It was moved up in the timeline due to negotiations with the city but was always in the plans.

Make development a right? I think I've heard it all now. Everything is a "RIGHT"....

What we need is less red tape and more creative ways to help developers build new affordable and profitable housing. If we are just going to continue to expect developers to build affordable units and not make money, we're going to be waiting awhile.