OFFICIAL - Strata (H&R Block's 2nd Tower)

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Riverite
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by Riverite »

DColeKC wrote: Thu Aug 26, 2021 12:55 pm
kboish wrote: Thu Aug 26, 2021 12:44 pm Does Copaken control the cc one as well???

If so, Copaken controls the 3 major office tower sites currently approved. That seems not conducive to development
Land squatters.
I'm pretty sick of it
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by flyingember »

Riverite wrote: Thu Aug 26, 2021 1:41 pm
DColeKC wrote: Thu Aug 26, 2021 12:55 pm
kboish wrote: Thu Aug 26, 2021 12:44 pm Does Copaken control the cc one as well???

If so, Copaken controls the 3 major office tower sites currently approved. That seems not conducive to development
Land squatters.
I'm pretty sick of it
That’s capitalism. If they’re willing to pay the carrying costs of the property it’s 100% moral
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normalthings
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by normalthings »

Riverite wrote: Thu Aug 26, 2021 1:41 pm
DColeKC wrote: Thu Aug 26, 2021 12:55 pm
kboish wrote: Thu Aug 26, 2021 12:44 pm Does Copaken control the cc one as well???

If so, Copaken controls the 3 major office tower sites currently approved. That seems not conducive to development
Land squatters.
I'm pretty sick of it
I feel like most posters would be upset if someone proposed a 2 floor building. Can’t have it both ways.
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AlkaliAxel
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by AlkaliAxel »

Who would ever wanna go with that “CC” building over Strata? Strata is a significantly better building and location. Could probably get offices to lease out there easily compared to the other one.
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normalthings
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by normalthings »

Lots of potential reasons

Owner occupied vs leasing
View
Floor Plate Sizes
Parking Ratio
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TheLastGentleman
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by TheLastGentleman »

normalthings wrote: Thu Aug 26, 2021 2:08 pmI feel like most posters would be upset if someone proposed a 2 floor building. Can’t have it both ways.
I, for one, would be delighted with having dozens of solid blocks of two story buildings in place of the seas of suface lots we have presently
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by Riverite »

TheLastGentleman wrote: Thu Aug 26, 2021 2:22 pm
normalthings wrote: Thu Aug 26, 2021 2:08 pmI feel like most posters would be upset if someone proposed a 2 floor building. Can’t have it both ways.
I, for one, would be delighted with having dozens of solid blocks of two story buildings in place of the seas of suface lots we have presently
Same, especially if they were built with the ability to build on top. I mean pnl is mostly two stories
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by flyingember »

normalthings wrote: Thu Aug 26, 2021 2:20 pm Lots of potential reasons

Owner occupied vs leasing
View
Floor Plate Sizes
Parking Ratio
It goes way beyond that.

Number of floors you have to locate on for a certain amount of space and can you gain a partial floor?
Can you cut a hole between floors and add stairs?

What services come with the building. Like if you need access to dedicated basement storage and a dock for a large freight truck regularly is it there? If you mail out hundreds of thousands of letters monthly you need pallets of paper and the space to keep them. Things like there being someone that lets delivery drivers onto your floor or offers a fedex dropoff point for the whole building with daily pickup in the cost

Who manages the access system and if it's combined with the garage access. Some garage systems are junk, the Crown Center garage tenant system is absolutely horrible. Edge cases, does the building offer valet service or electric car charging in the garage?

Is the garage open to the public or entirely private. How is it secured after hours? There's some garages that have full doors and others have lift gates you can walk around. Actually securing a building on the weekend could be important to some tenants.
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by flyingember »

Riverite wrote: Thu Aug 26, 2021 2:36 pm
TheLastGentleman wrote: Thu Aug 26, 2021 2:22 pm
normalthings wrote: Thu Aug 26, 2021 2:08 pmI feel like most posters would be upset if someone proposed a 2 floor building. Can’t have it both ways.
I, for one, would be delighted with having dozens of solid blocks of two story buildings in place of the seas of suface lots we have presently
Same, especially if they were built with the ability to build on top. I mean pnl is mostly two stories
Most of P&L started over 2 stories. maybe 1/3 was at that scale


The first block at Grand is an 8 story garage
the next block with Consentino's has a tower and a three story building and garage
the next one over is the midland

the KC live block is a mix or two and three stories tall
then there's the block with H&R block and the rep, both over two stories
then a two story retail space that has a building planned on top of it
and the president hotel
finally, not strictly in P&L, is the P&L residential

the southernmost block is two stories of retail next to the light buildings
followed by the theatre, over two stories with a building planned surrounding it.
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AlkaliAxel
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by AlkaliAxel »

Are we still on for the "If Waddell Reed building leases very quickly it will prompt Strata to get built"?
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normalthings
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by normalthings »

AlkaliAxel wrote: Tue Aug 31, 2021 11:39 pm Are we still on for the "If Waddell Reed building leases very quickly it will prompt Strata to get built"?
I question the design of Strata and Copakens ability to get things built without a partner driving.
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by FangKC »

I think the building at 13th and Wyandotte will get built before Strata.
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by earthling »

Status updated yesterday for Strata project, planning/schematics...
https://www.construction.com/projects/d ... ing-garage
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AlkaliAxel
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by AlkaliAxel »

earthling wrote: Thu Jul 07, 2022 3:42 pm Status updated yesterday for Strata project, planning/schematics...
https://www.construction.com/projects/d ... ing-garage
Are they looking to be the next spec office after 1400KC gets filled here soon?

Also, I thought there was some conflict on some other building Cordish or somebody wanted to take this spot for
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by earthling »

It may not mean forward momentum but at least it's not shown as cancelled. That site charges a pretty penny for data and keeps on top of projects that are delayed or cancelled. Strata devs may have just updated schematics but still waiting for financing and planets to align, etc.

Anyone able to dig in further?
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DColeKC
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by DColeKC »

earthling wrote: Thu Jul 07, 2022 4:46 pm It may not mean forward momentum but at least it's not shown as cancelled. That site charges a pretty penny for data and keeps on top of projects that are delayed or cancelled. Strata devs may have just updated schematics but still waiting for financing and planets to align, etc.

Anyone able to dig in further?
They can't get financing until they have a tenant. I'm not optimistic about this at all.
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AlkaliAxel
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by AlkaliAxel »

DColeKC wrote: Thu Jul 07, 2022 5:22 pm
earthling wrote: Thu Jul 07, 2022 4:46 pm It may not mean forward momentum but at least it's not shown as cancelled. That site charges a pretty penny for data and keeps on top of projects that are delayed or cancelled. Strata devs may have just updated schematics but still waiting for financing and planets to align, etc.

Anyone able to dig in further?
They can't get financing until they have a tenant. I'm not optimistic about this at all.
Doesn’t Cordish want this site for a tower?
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by WoodDraw »

AlkaliAxel wrote: Thu Jul 07, 2022 6:50 pm
DColeKC wrote: Thu Jul 07, 2022 5:22 pm
earthling wrote: Thu Jul 07, 2022 4:46 pm It may not mean forward momentum but at least it's not shown as cancelled. That site charges a pretty penny for data and keeps on top of projects that are delayed or cancelled. Strata devs may have just updated schematics but still waiting for financing and planets to align, etc.

Anyone able to dig in further?
They can't get financing until they have a tenant. I'm not optimistic about this at all.
Doesn’t Cordish want this site for a tower?
Cordish wants the rights back. Doesn't mean they're going to finance anything.
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DColeKC
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by DColeKC »

AlkaliAxel wrote: Thu Jul 07, 2022 6:50 pm
DColeKC wrote: Thu Jul 07, 2022 5:22 pm
earthling wrote: Thu Jul 07, 2022 4:46 pm It may not mean forward momentum but at least it's not shown as cancelled. That site charges a pretty penny for data and keeps on top of projects that are delayed or cancelled. Strata devs may have just updated schematics but still waiting for financing and planets to align, etc.

Anyone able to dig in further?
They can't get financing until they have a tenant. I'm not optimistic about this at all.
Doesn’t Cordish want this site for a tower?
They will be happy to take it if it becomes available again. The deal with the city gave HR air rights for ten years which they extended. They were given that based on the idea they would build tower #2. I'm not sure how in the hell it got approved for them to partner with another developer to build a spec office building they have no intention of occupying. Wish I could see the exact language in the original agreement.

No secret I'm a Cordish fan but I know they'd have something going vertical by now had HR not pulled this move.
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normalthings
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Re: OFFICIAL - Strata (H&R Block's 2nd Tower)

Post by normalthings »

DColeKC wrote: Thu Jul 07, 2022 7:31 pm
AlkaliAxel wrote: Thu Jul 07, 2022 6:50 pm
DColeKC wrote: Thu Jul 07, 2022 5:22 pm

They can't get financing until they have a tenant. I'm not optimistic about this at all.
Doesn’t Cordish want this site for a tower?
They will be happy to take it if it becomes available again. The deal with the city gave HR air rights for ten years which they extended. They were given that based on the idea they would build tower #2. I'm not sure how in the hell it got approved for them to partner with another developer to build a spec office building they have no intention of occupying. Wish I could see the exact language in the original agreement.

No secret I'm a Cordish fan but I know they'd have something going vertical by now had HR not pulled this move.
Hard to believe when 3 Light was pushed back many years and 4 Light is yet to be announced
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