OFFICIAL - Artistry KC (19th and Oak)

Issues concerning Downtown as described by the Downtown Council. River to 31st Street, I-35 to Bruce R. Watkins.
WoodDraw
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by WoodDraw »

Rabble wrote: Tue Apr 27, 2021 4:04 pm
WoodDraw wrote: Tue Apr 27, 2021 9:27 am
If you want places to stop building private amenities downtown, start building better public amenities.
Exactly my point. A great downtown is full of public amenities that are well used. Our few parks and public areas are shabby and unused. Nothing will change until the city knows there is a demand for improved and expanded public space. Apartment buildings full of private amenities don't benefit the future of our public amenities.
I don't disagree with you, but we have to fix them. KC is notoriously bad at parks. Why wouldn't I moved to a place where I can be outside?

KC always wants the builders to subsidize everything. Just build a nice park and pool and take care of it.
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normalthings
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by normalthings »

Each project pays a few hundred thousand to low millions to the Parks Department.
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by flyingember »

WoodDraw wrote: Tue Apr 27, 2021 4:38 pm
Rabble wrote: Tue Apr 27, 2021 4:04 pm
WoodDraw wrote: Tue Apr 27, 2021 9:27 am
If you want places to stop building private amenities downtown, start building better public amenities.
Exactly my point. A great downtown is full of public amenities that are well used. Our few parks and public areas are shabby and unused. Nothing will change until the city knows there is a demand for improved and expanded public space. Apartment buildings full of private amenities don't benefit the future of our public amenities.
I don't disagree with you, but we have to fix them. KC is notoriously bad at parks. Why wouldn't I moved to a place where I can be outside?

KC always wants the builders to subsidize everything. Just build a nice park and pool and take care of it.
There was a recent survey by parks on what people wanted to see. I put two things

1. basic amenities must be in in all parks. play ground, trash cans, benches, restrooms, trails, with some caviets. maybe 100% of parks get a bench and trash can at all entrances/corners while restrooms go in every park over 1 acre

2. every park needs something you would pick that specific park for. outdoor fitness equipment, a stocked pond, a skate park, a dog park, a specific kind of sports field/court
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normalthings
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by normalthings »

normalthings wrote: Tue Apr 13, 2021 7:40 pm 22.6% leased. I think the 2nd building is still under construction but is now being advertised.
227 of 341 units open. 33.4% leased

I think the east building is about to or recently opened.
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Chris Stritzel
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Re: OFFICIAL - Artistry KC (19th and Oak)

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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by DaveKCMO »

Looks great from above, too!
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by Riverite »

Are they doing anything with the lot north of the white building?
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normalthings
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by normalthings »

Riverite wrote: Mon May 31, 2021 12:24 pm Are they doing anything with the lot north of the white building?
Phase 2
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by flyingember »

normalthings wrote: Mon May 31, 2021 4:05 pm
Riverite wrote: Mon May 31, 2021 12:24 pm Are they doing anything with the lot north of the white building?
Phase 2
They also own the lot directly east of the white building

The lot on the NE corner of that block is separate ownership
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normalthings
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by normalthings »

normalthings wrote: Fri May 21, 2021 4:43 am
normalthings wrote: Tue Apr 13, 2021 7:40 pm 22.6% leased. I think the 2nd building is still under construction but is now being advertised.
227 of 341 units open. 33.4% leased

I think the east building is about to or recently opened.
183 of 341 available. 46% leased
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by CrossroadsUrbanApts »

I don't know if I'd trust website availability. My market surveys consistently show higher vacancies that what property websites would indicate. Artistry is closer to 37% leased (and less than in terms of physical occupancy).
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normalthings
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by normalthings »

CrossroadsUrbanApts wrote: Thu Jun 17, 2021 11:18 am I don't know if I'd trust website availability. My market surveys consistently show higher vacancies that what property websites would indicate. Artistry is closer to 37% leased (and less than in terms of physical occupancy).
I would imagine that not all websites are accurate. However, for a few of these the owners/developers have directly provided numbers that confirm accuracy.
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normalthings
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by normalthings »

131 of 341 available. 61.6% leased
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by Riverite »

normalthings wrote: Tue Aug 10, 2021 11:03 pm 131 of 341 available. 61.6% leased
114 of 341 available 66.5% leased
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by earthling »

Not great but not bad given the massive deliveries of Class A in urban core over the last year.
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by Riverite »

earthling wrote: Sun Sep 19, 2021 9:05 am Not great but not bad given the massive deliveries of Class A in urban core over the last year.
Yeah hopefully it will pick up soon, I feel like as more stuff is coming to east crossroads it should pick up still feels a bit on the periphery as is.
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by earthling »

Typically rentals slow down approaching end of year but this isn't a typical year. Will be interesting to see Q2 multifamily occupancy reports. Cushman and Colliers usually release Q2 reports by now but don't necessarily release MF reports every quarter.
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normalthings
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by normalthings »

Riverite wrote: Sun Sep 19, 2021 8:48 am
normalthings wrote: Tue Aug 10, 2021 11:03 pm 131 of 341 available. 61.6% leased
114 of 341 available 66.5% leased
89 of 341 show as available. 73.9% leased
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Highlander
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by Highlander »

It's mind boggling to me how quickly the downtown apartment market absorbs new projects. Who would have known there was that much pent up demand 5-8 years ago.
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Re: OFFICIAL - Artistry KC (19th and Oak)

Post by FangKC »

This is especially true seeing that there aren't a lot of new jobs coming downtown that are creating additional demand.
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