Development
Streetcar-Linked Affordable Housing Incentive Plan On Track for City Hall
By Kevin Collison A proactive approach to encourage making affordable housing part of the redevelopment boom anticipated along the planned streetcar extension route is on track for City Hall. The proposed Midtown Affordable Housing PIEA Plan was endorsed recently by the board of that development agency and is expected to be reviewed by the City…
Apartment Project with Affordable Units Proposed for Riverfront
By Kevin Collison Prairie Fire Development is proposing a $15 million apartment project with up to 75 units, more than half reserved as affordable, on a small site near Berkley Riverfront Park. The developer is seeking affordable housing tax credits from the Missouri Housing Development Commission and tax incentives from Port KC, and if successful,…
New AT&T Building Owner Plans $63M Overhaul to Premium Office Space
By Kevin Collison The new owner of the former AT&T building at 500 E. Eighth St. is proposing to completely overhaul the 1973 office tower and reopen it as premium office space at an estimated cost of $63 million. Gene Rerat told the board of the Planned Industrial Expansion Authority it will cost $43 million…
South Dakota Developer Plans Six-Story Hotel in Garment District
By Kevin Collison A 149-room hotel is planned for a parking lot at Ninth and Wyandotte, next door to the historic Savoy Hotel which reopened last year as a 21C Museum Hotel. Lloyd Cos. of Sioux Falls, SD, is planning the $28 million, six-story project, its first venture into the Kansas City market. Luke Jessen,…
More ‘Wonder’ on Troost, New Restaurant Opening
By Kevin Collison The Wonder Shops + Flats redevelopment at 30th and Troost is almost fully leased eight months after opening, evidence the nascent revival along that stretch of Troost Avenue is showing no sign of slowing. Combine, a joint venture between Pizza 51 and the Milwaukee Delicatessen, is opening a 5,000 square-foot restaurant and…