Three Light

Come here for discussion about the new downtown entertainment district.
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im2kull
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Re: Three Light

Post by im2kull »

2507 might be calling my name. :/
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normalthings
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Re: Three Light

Post by normalthings »

im2kull wrote: Sun Oct 17, 2021 11:46 pm 2507 might be calling my name. :/
Doxing yourself 2 years in advance....... hahahaha. I love the idea of a wrap-around unit with N/S views. If only it was on the west side though so that you could get some streetcar views.
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normalthings
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Re: Three Light

Post by normalthings »

Cordish needs CMH style lights on their upcoming builds.


18 units shown as leased on the portal. 270 open
kenrbnj
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Re: Three Light

Post by kenrbnj »

Considering the property is 24 months away from completion; it's an impressive marketing campaign with seemingly tangible results.

@NormalThings: What is the state of affairs with "4Light": Has that development "ducked under" the current city requirements for affordable/super-affordable housing?

It is sincerely my hope the majority of residents understand the sheer folly of such feel-good/false-compassion legislation. Such legislation yields housing scarcity, which raises housing prices. However, based on interviews with the senior leadership of KCMO? There is little hope for reasoning.
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normalthings
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Re: Three Light

Post by normalthings »

kenrbnj wrote: Wed Oct 27, 2021 8:08 am Considering the property is 24 months away from completion; it's an impressive marketing campaign with seemingly tangible results.

@NormalThings: What is the state of affairs with "4Light": Has that development "ducked under" the current city requirements for affordable/super-affordable housing?

It is sincerely my hope the majority of residents understand the sheer folly of such feel-good/false-compassion legislation. Such legislation yields housing scarcity, which raises housing prices. However, based on interviews with the senior leadership of KCMO? There is little hope for reasoning.
Unsure. Katz ducked in and barely made it under the arguement of historic preservation. Considering how poorly that went, I don't know how the pipeline of projects that submitted are going to make it through. Cordish had problems getting their 2018 projects approved so I kind of expect the same if not worse for their next projects. DCOLEKC can probably provide better Cordish specific info.
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normalthings
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Re: Three Light

Post by normalthings »

Forms for floor 1 going up
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normalthings
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Re: Three Light

Post by normalthings »

normalthings wrote: Tue Oct 26, 2021 10:14 pm Cordish needs CMH style lights on their upcoming builds.


18 units shown as leased on the portal. 270 open
21 leased. 267 available
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HalcyonKC
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Re: Three Light

Post by HalcyonKC »

im2kull wrote: Sun Oct 17, 2021 11:46 pm 2507 might be calling my name. :/
Estimated rent $6558 per month... $78K per year. It calls my name and then promptly laughs at me like the bully kid Nelson Muntz from the Simpsons.
earthling
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Re: Three Light

Post by earthling »

normalthings wrote: Sun Oct 31, 2021 2:03 pm
normalthings wrote: Tue Oct 26, 2021 10:14 pm Cordish needs CMH style lights on their upcoming builds.


18 units shown as leased on the portal. 270 open
21 leased. 267 available
Wonder how that compares to 2L in same timeframe since leasing began.

BTW, I saw Cushman multifamily Q3 report and it shows slowing pace of city core absorption and lower than several other metro submarkets, city demand not keeping up with significant new supply. Will post when they post online. Would expect Light buildings to continue though given decent uptake and existing incentives.
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normalthings
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Re: Three Light

Post by normalthings »

earthling wrote: Mon Nov 01, 2021 9:03 am
normalthings wrote: Sun Oct 31, 2021 2:03 pm
normalthings wrote: Tue Oct 26, 2021 10:14 pm Cordish needs CMH style lights on their upcoming builds.


18 units shown as leased on the portal. 270 open
21 leased. 267 available
Wonder how that compares to 2L in same timeframe since leasing began.

BTW, I saw Cushman multifamily Q3 report and it shows slowing pace of city core absorption and lower than several other metro submarkets, city demand not keeping up with significant new supply. Will post when they post online. Would expect Light buildings to continue though given decent uptake and existing incentives.
Wonder of the 22 units leased, how many are already Cordish residents.
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DColeKC
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Re: Three Light

Post by DColeKC »

normalthings wrote: Tue Nov 02, 2021 4:02 pm
earthling wrote: Mon Nov 01, 2021 9:03 am
normalthings wrote: Sun Oct 31, 2021 2:03 pm

21 leased. 267 available
Wonder how that compares to 2L in same timeframe since leasing began.

BTW, I saw Cushman multifamily Q3 report and it shows slowing pace of city core absorption and lower than several other metro submarkets, city demand not keeping up with significant new supply. Will post when they post online. Would expect Light buildings to continue though given decent uptake and existing incentives.
Wonder of the 22 units leased, how many are already Cordish residents.
Probably half.
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AlkaliAxel
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Re: Three Light

Post by AlkaliAxel »

Didn't they say once they get half leased they want to start 4 Light?
earthling
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Re: Three Light

Post by earthling »

Moncke also highlighted 7,600 square feet of ground-floor retail space, which he said will feature "something really exciting" that he cannot yet disclose.

"There's going to be something really special on that first floor that we're working on," he added.
https://www.bizjournals.com/kansascity/ ... rowth.html
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DColeKC
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Re: Three Light

Post by DColeKC »

earthling wrote: Tue Nov 23, 2021 3:13 pm
Moncke also highlighted 7,600 square feet of ground-floor retail space, which he said will feature "something really exciting" that he cannot yet disclose.

"There's going to be something really special on that first floor that we're working on," he added.
https://www.bizjournals.com/kansascity/ ... rowth.html
Local company concept, hope it happens!
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KCPowercat
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Re: Three Light

Post by KCPowercat »

Instagram photo op experience thing
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DaveKCMO
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Re: Three Light

Post by DaveKCMO »

KCPowercat wrote: Tue Nov 23, 2021 9:29 pm Instagram photo op experience thing
Is this your guess of something really exciting? Or is this the thing?
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DColeKC
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Re: Three Light

Post by DColeKC »

DaveKCMO wrote: Wed Nov 24, 2021 9:01 am
KCPowercat wrote: Tue Nov 23, 2021 9:29 pm Instagram photo op experience thing
Is this your guess of something really exciting? Or is this the thing?
Why not specifically meant for IG photo ops, I’m sure it will be very IG’able.
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KCPowercat
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Re: Three Light

Post by KCPowercat »

DaveKCMO wrote: Wed Nov 24, 2021 9:01 am
KCPowercat wrote: Tue Nov 23, 2021 9:29 pm Instagram photo op experience thing
Is this your guess of something really exciting? Or is this the thing?

My cheeky guess based on the really special disclaimer.
earthling
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Re: Three Light

Post by earthling »

^The comments from new P&L pres in article are loaded with over-the-top superlatives.
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DColeKC
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Re: Three Light

Post by DColeKC »

earthling wrote: Wed Nov 24, 2021 1:59 pm ^The comments from new P&L pres in article are loaded with over-the-top superlatives.
He’s a brand guy, so he’s right on brand.
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