KCRag Forum

DaveKCMO wrote: ↑Mon Jul 19, 2021 7:05 am

Goonies wrote: ↑Sat Jul 17, 2021 2:44 am Will this cause gentrification in the area?

If you mean displacement, just use that word instead.

flyingember wrote: ↑Mon Jul 19, 2021 2:43 pm

DaveKCMO wrote: ↑Mon Jul 19, 2021 7:05 am

Goonies wrote: ↑Sat Jul 17, 2021 2:44 am Will this cause gentrification in the area?

If you mean displacement, just use that word instead.

displacement happened more than a decade ago. that impact was long ago seen

this is much more a the same as the question of what value does a brand new country club bring to a farming community.

DaveKCMO wrote: ↑Tue Jul 20, 2021 6:21 pm

flyingember wrote: ↑Mon Jul 19, 2021 2:43 pm

DaveKCMO wrote: ↑Mon Jul 19, 2021 7:05 am

If you mean displacement, just use that word instead.

displacement happened more than a decade ago. that impact was long ago seen

this is much more a the same as the question of what value does a brand new country club bring to a farming community.

There are still residents in adjacent homes to the north and west.

Last week, the City Council gave the green light to a general development plan and a blight finding for the northwest corner of 63rd Street and Prospect Avenue, where Miami-based UrbanAmerica proposes a range of uses under its SouthPointe at 63rd Street project. The city's Planned Industrial Expansion Authority signed off on those measures in mid-July.

The city also approved $500,000 in Central City Economic Development funding for UrbanAmerica's pre-development expenses on a 300-apartment community, with market rate, workforce and affordable units.

earthling wrote: ↑Mon Aug 30, 2021 8:45 am Maybe I'm overstating but this project could be one of the most important projects of the last 50+ years in terms of a potential catalyst for the E Side. All the projects along Troost and 18th/Vine add to it too but this one is a breakthrough beyond the E Side borders. The $50M+ Prospect MAX line that also upgraded streets/sidewalks is poised to potentially help momentum continue.

Are there other similar cities with traditionally economically distressed districts with recent momentum and $M investment to this degree? Troost alone is impressive but this could be more significant to heart of E Side overall if it spurs a lot of spinoff along Prospect.

earthling wrote: ↑Mon Aug 30, 2021 8:45 am Maybe I'm overstating but this project could be one of the most important projects of the last 50+ years in terms of a potential catalyst for the E Side. All the projects along Troost and 18th/Vine add to it too but this one is a breakthrough beyond the E Side borders. The $50M+ Prospect MAX line that also upgraded streets/sidewalks is poised to potentially help momentum continue.

Are there other similar cities with traditionally economically distressed districts with recent momentum and $M investment to this degree? Troost alone is impressive but this could be more significant to heart of E Side overall if it spurs a lot of spinoff along Prospect.

DaveKCMO wrote: ↑Mon Aug 30, 2021 7:29 pm

earthling wrote: ↑Mon Aug 30, 2021 8:45 am Maybe I'm overstating but this project could be one of the most important projects of the last 50+ years in terms of a potential catalyst for the E Side. All the projects along Troost and 18th/Vine add to it too but this one is a breakthrough beyond the E Side borders. The $50M+ Prospect MAX line that also upgraded streets/sidewalks is poised to potentially help momentum continue.

Are there other similar cities with traditionally economically distressed districts with recent momentum and $M investment to this degree? Troost alone is impressive but this could be more significant to heart of E Side overall if it spurs a lot of spinoff along Prospect.

KCATA is also playing a role in property assembly for projects along Prospect. Nothing to do with the 63rd Street project, but in other spots where things are smaller scale and community driven.

Central to the project's first phase is a 250-unit workforce housing community with a mix of one- and two-bedroom residences, to be co-developed by UrbanAmerica and Gateway Properties LLC, an affiliate of Jersey City-based Gateway Merchant Banking. The complex will comply with Kansas City's affordable housing ordinance, with 25 apartments reserved apiece for tenants earning up to 70% and 30% of the city’s median family income (MFI).

Another phase one component is a 168,800-square-foot, four-story mixed-use building with three levels of offices above ground-floor retail along 63rd Street. In tandem with future mixed-use offices planned to the west, the building could accommodate eventual tenant relocations from the Location 1 office building farther west at 1734 E. 63rd St., Farmer said during the meeting.
...
Farmer said UrbanAmerica is working aggressively to break ground on the first phase as close to the beginning of 2022 as possible.