Development
Cordish Objections Prompt Vote Delay on Downtown Office Tower Proposal
By Kevin Collison Objections by the Cordish Co. claiming the proposed Strata office tower at 13th and Main would violate the firm’s 2004 development agreement with the city prompted the developer to obtain a delay from the City Council Thursday. The $132 million speculative office project is being pursued by a development team that includes…
Isle of Capri Casino Sale Renews Hope for Streetcar Connection
(Updated July 21, 2020. Twin River Worldwide Holdings completed the acquisition of the Isle of Capri casino on July 2 and has renamed it “Casino KC.” “The company expects to substantially reposition the casino with a transformational redevelopment plan,” according to a release from the Rhode Island-based firm. “Most of the related capital expenditures are…
City’s Development Agency Relocates to River Market
By Kevin Collison The New York-based owner of the 3Y building in the River Market has landed an influential tenant, the Economic Development Corp. of Kansas City, a deal that means the building at 300 Wyandotte is now fully leased. “We’re excited to welcome the EDC to the 3Y Building,” Basel Bataineh, vice president of…
Crossroads Office Project Planned; More Riverfront Apartments Possible
By Kevin Collison A development plan that would demolish a century-old former bank at 1822 Main in the Crossroads and replace it with a $25 million office building was endorsed by a Port KC committee Monday. The development committee also was briefed on a proposed 300- to 350-unit apartment project that would be located between…
Strata Office Tower Financing Plan Endorsed by Council Committee
By Kevin Collison A plan for 25-story downtown office tower that is seeking significant public incentive help, including a $27 million city investment, won unanimous backing from a Kansas City Council Committee Wednesday. The $132 million Strata development is proposed for the southwest corner of 13th and Main in the KC Power & Light District…