3rd & Grand to be redeveloped as TOD
- Chris Stritzel
- Penntower
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Re: 3rd & Grand to be redeveloped as TOD
https://www.bizjournals.com/kansascity/ ... etcar.html
3G Development LLC paid $2.2 million last week to acquire the approximately 2-acre lot northeast of Third Street and Grand Boulevard from the Kansas City Area Transportation Authority. The joint venture concurrently secured a $46 million construction loan from Arvest Bank for a five-story, 245-apartment community it has planned for more than four years, dating to a 2019 request for proposals the KCATA issued for its parking site.
The Third and Grand apartments are planned with a 246-space podium parking garage, plus amenities including an open courtyard with a pool, fitness center, indoor gaming area and bike room with repair facilities. The complex also will house a multimodal transit hub to accommodate adjacent streetcar and bus service. 3G executed a 50-year lease, with two 25-year extension options, for a KCATA transit operator relief facility with its Feb. 29 lot purchase.
Re: 3rd & Grand to be redeveloped as TOD
Hard to say this but the other corners really need to go soon too. Love the tenants and hope they can find a new home. The grocery stores are especially set up in a suburban manner
- TheLastGentleman
- Broadway Square
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Re: 3rd & Grand to be redeveloped as TOD
- FangKC
- City Hall
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- Location: Old Northeast -- Indian Mound
Re: 3rd & Grand to be redeveloped as TOD
I like that Chinese market.
Re: 3rd & Grand to be redeveloped as TOD
Maybe he meant the substation and open space in front of the steam plant?
- Chris Stritzel
- Penntower
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- Joined: Sun Feb 19, 2017 9:27 pm
- Chris Stritzel
- Penntower
- Posts: 2377
- Joined: Sun Feb 19, 2017 9:27 pm
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- Alameda Tower
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Re: 3rd & Grand to be redeveloped as TOD
Groundbreaking officially today!
Re: 3rd & Grand to be redeveloped as TOD
Yesterday* https://www.instagram.com/p/C6MK_gULNvX/
Some details, Copaken joined the team via CBC: https://www.us.jll.com/en/newsroom/kc-m ... res-equity
Some details, Copaken joined the team via CBC: https://www.us.jll.com/en/newsroom/kc-m ... res-equity
Re: 3rd & Grand to be redeveloped as TOD
Rockefeller provided equitybspecht wrote: ↑Thu Apr 25, 2024 2:23 pm Yesterday* https://www.instagram.com/p/C6MK_gULNvX/
Some details, Copaken joined the team via CBC: https://www.us.jll.com/en/newsroom/kc-m ... res-equity
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- Pad site
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Re: 3rd & Grand to be redeveloped as TOD
At the pref level of the stack?langosta wrote: ↑Thu Apr 25, 2024 3:03 pmRockefeller provided equitybspecht wrote: ↑Thu Apr 25, 2024 2:23 pm Yesterday* https://www.instagram.com/p/C6MK_gULNvX/
Some details, Copaken joined the team via CBC: https://www.us.jll.com/en/newsroom/kc-m ... res-equity
Re: 3rd & Grand to be redeveloped as TOD
I believe it’s the fund in this article. But I know because of chit chat and a few name drops in hard to find but public sources.DMNBT_RCJH wrote: ↑Thu Apr 25, 2024 7:48 pmAt the pref level of the stack?langosta wrote: ↑Thu Apr 25, 2024 3:03 pmRockefeller provided equitybspecht wrote: ↑Thu Apr 25, 2024 2:23 pm Yesterday* https://www.instagram.com/p/C6MK_gULNvX/
Some details, Copaken joined the team via CBC: https://www.us.jll.com/en/newsroom/kc-m ... res-equity