OFFICIAL - Reverb (1800 Walnut)

[WoodDraw]

That’s close to what I negotiated at my place when they started leasing. I have no idea why they wouldn’t match. It’s a nice place.

They really fucked up the roof.

[normalthings]

80 apartments are available out of 132. So about 40% of the building is leased at this point.

Thats a big uptick since the winter months yea?

[Chris Stritzel]

80 apartments are available out of 132. So about 40% of the building is leased at this point.

Thats a big uptick since the winter months yea?

Seems like it’s a nice uptick. May be the result of some rent specials and the fact that typically Spring is when people are looking at rent apartments or buying homes and condos.

[normalthings]

80 apartments are available out of 132. So about 40% of the building is leased at this point.

72 available now. 45.5% leased.

[Anthony_Hugo98]

80 apartments are available out of 132. So about 40% of the building is leased at this point.

72 available now. 45.5% leased.

Getting there. Slowly.

[normalthings]

80 apartments are available out of 132. So about 40% of the building is leased at this point.

72 available now. 45.5% leased.

61 units open. 54% leased. 5-6 months away from full lease out? That would put Reverb at a 12 month lease-up.

[WoodDraw]

80 apartments are available out of 132. So about 40% of the building is leased at this point.

72 available now. 45.5% leased.

61 units open. 54% leased. 5-6 months away from full lease out? That would put Reverb at a 12 month lease-up, pretty good.

They lowered their entry prices pretty significantly.

[earthling]

Lease rate seems pretty low compared to others downtown, and it's close to streetcar stop.

[Chris Stritzel]

From my drone...

[normalthings]

Check out the bar if you havent already!

[normalthings]

41 available of 132. 69% leased

[wahoowa]

nice

[Anthony_Hugo98]

Went to the Mercury room last night with the wife. Probably one of the more solid cocktail experiences I’ve had in town. The drinks were absolutely divine, with some of the highest quality alcohol I’ve had. The view is actually better than I thought it would be. While the price is steep, as it’s a $30 deposit per person in your group, that deposit covers your first round of drinks, so if you only have one round, you don’t need to come any further out of pocket. Not a daily watering hole by any means, but for special occasions I HIGHLY encourage it!

[smh]

Went to the Mercury room last night with the wife. Probably one of the more solid cocktail experiences I’ve had in town. The drinks were absolutely divine, with some of the highest quality alcohol I’ve had. The view is actually better than I thought it would be. While the price is steep, as it’s a $30 deposit per person in your group, that deposit covers your first round of drinks, so if you only have one round, you don’t need to come any further out of pocket. Not a daily watering hole by any means, but for special occasions I HIGHLY encourage it!

Does this mean the drinks are $30 each?

[Anthony_Hugo98]

Went to the Mercury room last night with the wife. Probably one of the more solid cocktail experiences I’ve had in town. The drinks were absolutely divine, with some of the highest quality alcohol I’ve had. The view is actually better than I thought it would be. While the price is steep, as it’s a $30 deposit per person in your group, that deposit covers your first round of drinks, so if you only have one round, you don’t need to come any further out of pocket. Not a daily watering hole by any means, but for special occasions I HIGHLY encourage it!

Does this mean the drinks are $30 each?

Yeah, they have another option where it’s like $85 and you get 4-5 different drinks prepared like a flight. They’re definitely catering to a specific market with this place

[smh]

Went to the Mercury room last night with the wife. Probably one of the more solid cocktail experiences I’ve had in town. The drinks were absolutely divine, with some of the highest quality alcohol I’ve had. The view is actually better than I thought it would be. While the price is steep, as it’s a $30 deposit per person in your group, that deposit covers your first round of drinks, so if you only have one round, you don’t need to come any further out of pocket. Not a daily watering hole by any means, but for special occasions I HIGHLY encourage it!

Does this mean the drinks are $30 each?

Yeah, they have another option where it’s like $85 and you get 4-5 different drinks prepared like a flight. They’re definitely catering to a specific market with this place

I mean that's more than a Manhattan rooftop bar. Wild.

[Riverite]

Looks to be 34 available out of 132 units open, 74% leased

[Riverite]

Is copaken open to another high rise in the crossroads once this is leased up?

[normalthings]

Seems like both towers had Development partners and both had some leasing struggles. Reverb appears to be doing far better than Arterra so far though. Arterra felt like it just opened quietly. Not much fan fare or communication.

[DaveKCMO]

Is copaken open to another high rise in the crossroads once this is leased up?

I don't think they own anything else in the Crossroads, so probably not. Remember that Arterrra was reconstituted from a pre-recession (condo?) project. Do you think they would pay current Crossroads land prices for another multifamily or office project? Perhaps they would if they had an investor or partner like Reverb (Burns & Mac) or Corrigan (3D).

We really should focus on getting Price Bros. to develop that vacant lot at 19th & Grand, which they apparently paid $132 psf for -- a new Crossroads record.