Construction is expected to begin this summer on a major renovation of the Brywood Centre shopping center at 63rd Street and Blue Ridge Cutoff in Kansas City.
A $30.7 million redevelopment plan, which calls for renovating and expanding the existing Price Chopper supermarket along with other improvements, was approved in December by the Kansas City Council.
A final agreement was reached Monday between the developer, Tri-Land Properties of suburban Chicago, and the city.
Great news. Very busy intersection with a still busy, but run down, shopping center. Also at the crossing of two main bus routes. Hopefully there will be a transit component involved. I expect there will be quite a bit of shoppers migrating from Hy-Vee since they left their location at 67th and Blue Ridge. This is good money spent.
They would really have to mess up the spending of the $30.7m to do anything other than increase the desirability and value of your home. It's not likely to make a huge increase in value, but your value is stabilized by the investment in neighborhood amenities.
I'm just hoping after it's done I'll have a little more money a little sooner to put towards my future Brookside palace. I didn't catch wind of this at all until yesterday. This will turn this whole area into a much more appealing place to live. I thought the whole mall was on the verge on being condemned.
shinatoo wrote:
Great news. Very busy intersection with a still busy, but run down, shopping center. Also at the crossing of two main bus routes. Hopefully there will be a transit component involved. I expect there will be quite a bit of shoppers migrating from Hy-Vee since they left their location at 67th and Blue Ridge. This is good money spent.
You DO realize Hy-Vee only moved about a mile down the road into the old (but now referbished and expanded) Schnucks?
longviewmo wrote:
You DO realize Hy-Vee only moved about a mile down the road into the old (but now referbished and expanded) Schnucks?
Of course I do, but mentally that mile might as well be 20 for many of the east side KC residents that used to shop at Hy-Vee. Although Raytown is no longer deserving of it's stigma as racial intolerant, it still has that stigma.
"I'm often described as anti-TIF or anti development, and I'm not really," said Kansas City mayor Mark Funkhouser. "This is a good TIF. It's a $30 million project, but only about $5 million of it is from TIF funds."
Renovations to the shopping center will include an expansion of the Price Chopper supermarket, an updated facade, lighting and landscaping upgrades.
Funkhouser called the shopping center "blighted", and said it would have likely gotten worse without some intervention at the city level.
In the redeveloped Brywood Centre, Dollar Tree has signed a 10-year lease for a 12,000-square-foot store. The 183,464-square-foot center, at 63rd Street and Blue Ridge Cutoff, also includes new signage and amenities. Six pad sites are still available along 63rd Street for tenants such as restaurants, retailers and service operations.
Longtime tenant Price Chopper recently completed a $3 million renovation.
