Development
Equity Vs ‘Closed for Business,’ City Tax Incentive Debate Continues
(Updated Feb. 25, 2021: The City Council approved the changes in tax incentive policy proposed by Councilwomen Robinson and Parks-Shaw. It added exemptions for projects that are located in high-frequency transit corridors; projects that meet the city affordable housing set aside ordinance; Projects located in severely-distressed Census tracts; projects that generate at least 100 entry-level…
Historic Attucks School to Become Major Art Center at 18th & Vine
By Kevin Collison The resurrection of the historic Attucks School as a major art center at the 18th & Vine Jazz District is moving forward, three years after the city awarded redevelopment rights to the Zhou brothers, renowned international artists based in Chicago. The planned Zhou B. Art Center of Kansas City is slated for…
Another Key Corner Acquired Along Streetcar Extension Route
By Kevin Collison Another key corner along the planned Main Street streetcar route at 31st street has been acquired by a developer including the 134 year-old Jeserich building and an adjacent building housing Lufti’s Fried Fish. An entity controlled by PriceMgmtCo, 31 Main LLC, has bought the half-dozen properties northeast of 31st and Main where…
Council Approves Affordable Housing Set-Aside, Offers Developers Olive Branch
By Kevin Collison The City Council approved an affordable housing set-aside mandate for projects receiving tax incentives Thursday, but also offered an olive branch to developers who warn it could sabotage further investment in the city. The ordinance by Councilwoman Melissa Robinson will require developers who receive tax incentives such as property tax abatements and…
West Bottoms Flats Primed for 90 More Apartments
By Kevin Collison Melissa “Missy” Ferchill hails from Cleveland and while a passionate Browns fan, she thinks the Chiefs should have been penalized for spearing over that controversial end zone fumble, her firm continues to invest here. MCM Company is planning to begin a $24 million second phase of its West Bottoms Flats development this…