OFFICIAL - Second and Delaware
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- Mark Twain Tower
- Posts: 8519
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- Location: milky way, orion arm
Re: OFFICIAL - Second and Delaware
What's holding them back, labor? Financing?
- TheLastGentleman
- Broadway Square
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Re: OFFICIAL - Second and Delaware
I’m surprised we haven’t heard about Ashland since it stalled
- normalthings
- Mark Twain Tower
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- FangKC
- City Hall
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- Joined: Sat Jul 26, 2003 10:02 pm
- Location: Old Northeast -- Indian Mound
Re: OFFICIAL - Second and Delaware
Some local developer needs to attempt the mass timber building to see what the cost differences are compared to concrete and steel.
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- Alameda Tower
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- Mark Twain Tower
- Posts: 8519
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- Location: milky way, orion arm
Re: OFFICIAL - Second and Delaware
Do you mean like the Milwaukee high-rise timber? Is intriguing. Would be better than the lego block buildings starting to surround downtown. Also would be good to see more variations of the modular building at 34th/Main across Midtown and E Side, but sporadically placed, not rows of them.
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- Mark Twain Tower
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- Location: milky way, orion arm
Re: OFFICIAL - Second and Delaware
Collison on this building. Declared fully leased...
https://cityscenekc.com/going-green-pay ... -one-year/
https://cityscenekc.com/going-green-pay ... -one-year/
The pace of leasing has outstripped other apartment developments that opened about the same time, Walker said. Second + Delaware hit 80 percent occupancy after six months, 95 percent at seven months and the last studio was leased recently.
Walker estimated 40 percent of the residents work from their home and having ample community amenities helped make Second + Delaware an attractive place to hunker down during the Covid pandemic.
- alejandro46
- Alameda Tower
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Re: OFFICIAL - Second and Delaware
I'm really happy this building was so successful. It was a hulking empty concrete box for awhile there.
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- Hotel President
- Posts: 3258
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- Location: West Plaza
Re: OFFICIAL - Second and Delaware
40% work from home is incredible. Related to the discussion about needing to start building office to keep residential going… im curious if that paradigm holds post-WFH.
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- Alameda Tower
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Re: OFFICIAL - Second and Delaware
What kind of amenities does this building have
- normalthings
- Mark Twain Tower
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- Mark Twain Tower
- Posts: 8519
- Joined: Sun Sep 11, 2011 2:27 pm
- Location: milky way, orion arm
Re: OFFICIAL - Second and Delaware
In the end would expect WFH hybrid to be offered to positions that are tough to fill (Cerner apparently there now) but there are some companies that specifically want to reduce office space and apply WFH to as many roles as possible (Sun Financial is one, was cutting global space before COVID). No one knows what % of WFH will stick long term but I'd be surprised if 30% office workers, over 10% of office workers seems like a realistic minimum. Flex space popularity and growth (WeWork, Plexpod) will also play a role in companies playing in remote work space long term, which tend to be WFH/WFA hybrid workers.
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- Alameda Tower
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Re: OFFICIAL - Second and Delaware
I wonder if this will drive more apartments with amenities. I’m sure some will just move further out but I bet a lot of people will get lonely during wfh
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- Mark Twain Tower
- Posts: 8519
- Joined: Sun Sep 11, 2011 2:27 pm
- Location: milky way, orion arm
Re: OFFICIAL - Second and Delaware
^Likely, according to multi-family studies, many WFH workers are driving demand for 2 bedrooms or dens with more building amenities.
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- Alameda Tower
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Re: OFFICIAL - Second and Delaware
That makes sense, also developments with little share spaces probably doing well. Anecdotal but I’ve definitely met and heard of a number of single people who are struggling living in houses during wfh
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- Mark Twain Tower
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- Location: milky way, orion arm
Re: OFFICIAL - Second and Delaware
Some high end residential buildings are offering various forms of common area work spaces that can be scheduled, essentially in-house flex space.
- FangKC
- City Hall
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- Location: Old Northeast -- Indian Mound
Re: OFFICIAL - Second and Delaware
I'm happy to see that that extra expense to construct a green building has paid off. I'd love to see how much it costs to heat the apartments compared to an apartment of a similar square footage.
This is also good news.
This probably is an attractive option for many if they are able to grow some of their own food.
This is also good news.
https://cityscenekc.com/going-green-pay ... TsA6tM77dYl...The concept has gone so well that its developer, Jonathan Arnold is exploring building similar-scale projects at two other undisclosed locations downtown. One of his financial backers is Berkshire Hathaway, multi-billionaire Warren Buffett’s holding company.
...
This probably is an attractive option for many if they are able to grow some of their own food.
...
And of course, there’s the added benefit of residents being able to get their hands dirty rooftop gardening while enjoying the downtown skyline view. ...
Last edited by FangKC on Mon Sep 20, 2021 10:58 pm, edited 1 time in total.
- normalthings
- Mark Twain Tower
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Re: OFFICIAL - Second and Delaware
100% occupied. Great news
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- Alameda Tower
- Posts: 1042
- Joined: Fri Apr 07, 2017 5:49 pm
Re: OFFICIAL - Second and Delaware
Great news hopefully one is they build on the rest of the lots on 2nd maybe. Would love to see that old PowerPoint redeveloped too could be a nice indoor market, or some kind of activity center, or museum. Would really take river market to the next levelFangKC wrote: ↑Mon Sep 20, 2021 9:16 pm I'm happy to see that that extra expense to construct a green building has paid off. I'd love to see how much it costs to heat the apartments compared to an apartment of a similar square footage.
This is also good news.
https://cityscenekc.com/going-green-pay ... TsA6tM77dYl...The concept has gone so well that its developer, Jonathan Arnold is exploring building similar-scale projects at two other undisclosed locations downtown. One of his financial backers is Berkshire Hathaway, multi-billionaire Warren Buffett’s holding company.
...
This probably is an attractive option for many if they are able to grow some of their own food.
...
And of course, there’s the added benefit of residents being able to get their hands dirty rooftop gardening while enjoying the downtown skyline view. ...
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- Strip mall
- Posts: 252
- Joined: Sun Aug 18, 2019 2:58 pm
Re: OFFICIAL - Second and Delaware
Wonderful news. Along with the sluggish rates at Artistry and Galleria, it shows downtown renters are becoming more intelligent in their choice of neighborhoods, style of architecture, and quality of construction.
Will developers pay attention or just continue to put suburban crap in our downtown?