Investor Group Adds Carnival Building to Portfolio
- KCPowercat
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Re: Investor Group Adds Carnival Building to Portfolio
Are they picking off properties from SS&C who has no desire to do real estate? That would match all the QH talk.
- AlkaliAxel
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Re: Investor Group Adds Carnival Building to Portfolio
Hopefully. That would be a good thing. We need to just keep pumping everything we can by summer 2026 to make the city look as best as possible. Got one big shot to prove it on a big stage finally.KCPowercat wrote: ↑Mon Jul 11, 2022 5:44 pm Are they picking off properties from SS&C who has no desire to do real estate? That would match all the QH talk.
- KCPowercat
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Re: Investor Group Adds Carnival Building to Portfolio
it has always amazed me how little retail/restaurants are in QH for how many housing units there are.
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- Western Auto Lofts
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Re: Investor Group Adds Carnival Building to Portfolio
Especially with the convenience store at 11th closed. There could be so much more on this stretch.KCPowercat wrote: ↑Mon Jul 11, 2022 5:55 pm it has always amazed me how little retail/restaurants are in QH for how many housing units there are.
- FangKC
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Re: Investor Group Adds Carnival Building to Portfolio
I hope they can get control of the former Seiden Furs building and renovate it before falls to demolition.KCPowercat wrote: ↑Mon Jul 11, 2022 5:44 pm Are they picking off properties from SS&C who has no desire to do real estate? That would match all the QH talk.
- Cratedigger
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Re: Investor Group Adds Carnival Building to Portfolio
Always thought that would be a cool bar. Name it Seidens and can even keep the signFangKC wrote: ↑Tue Jul 12, 2022 2:23 amI hope they can get control of the former Seiden Furs building and renovate it before falls to demolition.KCPowercat wrote: ↑Mon Jul 11, 2022 5:44 pm Are they picking off properties from SS&C who has no desire to do real estate? That would match all the QH talk.
- FangKC
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Re: Investor Group Adds Carnival Building to Portfolio
Cat coffee house. Seiden's Furs. haha.
- FangKC
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Re: Investor Group Adds Carnival Building to Portfolio
Down from 47 units to 39.
Historic Carnival Building could become loft-style apartments with $9.8M conversion
Historic Carnival Building could become loft-style apartments with $9.8M conversion
https://www.bizjournals.com/kansascity/ ... 2022-12-01...
Exact 802 LLC — which includes Exact Architects, Select Sites LLC and MR Capital Advisors — proposes 39 loft-style apartments and 4,453 square feet of commercial space in the eight-story Carnival Building at 800-802 Broadway.
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It now is scheduled to appear next week before the city's Land Clearance for Redevelopment Authority to request a 10-year, 75% property tax abatement in connection with lower rent levels proposed for the new residences.
For 802 Broadway Lofts, Exact 802 LLC envisions 12 studios, averaging 450 square feet; 21 one-bedrooms, around 575 square feet; and six two-bedrooms, at approximately 950 square feet.
Studio rents are planned for residents earning up to 67% of the area's median family income (MFI), or about $945 a month, with one- and two-bedrooms rents targeted for those making up to 77% MFI, or around $1,195 and $1,425 a month, respectively.
On the commercial side, the 802 Broadway Lofts are proposed with a 3,149-square-foot lounge or restaurant on the building's lower level, plus two commercial suites at 625 and 679 square feet on its ground floor. The project will lease parking from other nearby properties.
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Contingent on city approvals, Exact 802 to start construction in the second quarter and open its lofts in first quarter 2024.
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- Valencia Place
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Re: Investor Group Adds Carnival Building to Portfolio
Construction begins this Spring, tax incentives approved.
https://cityscenekc.com/carnival-loft-p ... is-spring/
https://cityscenekc.com/carnival-loft-p ... is-spring/
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- Oak Tower
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Re: Investor Group Adds Carnival Building to Portfolio
Wonder how they can make that first floor accessible for retail with that major flight of steps at the corner?
- FangKC
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Re: Investor Group Adds Carnival Building to Portfolio
They will probably rebuild the loading dock in the back to make an ADA ramp entrance, or some sort of mechanical lift.
https://www.google.com/maps/@39.1046393 ... 384!8i8192
https://www.google.com/maps/@39.1046393 ... 384!8i8192
- Cheffreygo
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Re: Investor Group Adds Carnival Building to Portfolio
I work a block north of here and had wondered the same. I looked the other day while walking by and noticed there is another door to what appears to be a street level vestibule with an elevator inside just south of the main corner archway door.
- FangKC
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Re: Investor Group Adds Carnival Building to Portfolio
Cliff’s Taphouse moves into 8th and Broadway downtown KC
https://kctoday.6amcity.com/cliffs-taph ... owntown-kc
https://kctoday.6amcity.com/cliffs-taph ... owntown-kc
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- Western Auto Lofts
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Re: Investor Group Adds Carnival Building to Portfolio
Conversion permitting slowly moving forward. https://compasskc.kcmo.org/EnerGov_Prod ... 8929f3801b
Leasing to commercial tenants starting in May: https://www.loopnet.com/Listing/802-Bro ... /26398389/
Leasing to commercial tenants starting in May: https://www.loopnet.com/Listing/802-Bro ... /26398389/
- Chris Stritzel
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Re: Investor Group Adds Carnival Building to Portfolio
Project completed. Apartments start at $1125 per month for a studio. Website live: https://harveydutton.com
- TheLastGentleman
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Re: Investor Group Adds Carnival Building to Portfolio
Wow. I’ve never noticed any real sign of construction