Development
Waddell & Reed Sold, Future of Downtown HQ Plans Uncertain
By Kevin Collison Waddell & Reed has been sold to an Australian global financial firm, casting a big shadow over its plans to relocate its headquarters to a $148 million downtown tower under construction that was approved for tax incentives only a year ago. The Overland Park-based firm announced late Wednesday it has entered into…
Developer Snaps Up Buildings on Main Near Planned Streetcar Stops
By Kevin Collison Exact Partners is continuing to snap up properties along the planned streetcar extension on Main Street, purchasing two office buildings at corners near where stops will be located at 31st and 39th streets. The firm, which includes Caleb Buland of Exact Architects and his partner Ilan Salzberg of Denver, is investing $10…
Artistry KC Adds Living to East Crossroads Scene
By Kevin Collison The East Crossroads is joining the downtown residential revival in a big way this week as Artistry KC, a 341-unit development that occupies almost two blocks, opens its leasing office 1918 Locust. The $72 million project by Indianapolis-based Milhaus, is the first major new construction in a corner of downtown that’s been…
Crossroads Newest Boutique Hotel Part of City Club Blend
By Kevin Collison City Club Apartments formally opened in the Crossroads this week and during a visit to the project, the top executive of its Detroit-based development firm touted its attributes, particularly its unique hospitality feature. Jonathan Holtzman, CEO of City Club, noted the 283-unit development at 20th and Main not only has traditional rental…
Developers Pursuing Affordable Housing Projects on Riverfront
Two developers are proposing separate projects that would add 166 affordable apartments along the riverfront and are seeking state low income housing tax credits to help finance their plans, according to a Port KC report released Tuesday. The developers, who were not identified, plan to submit their low income housing tax credit applications to the…