Development
Sale of Historic Kansas City Star Building Completed, New Owner Weighing Options for Redevelopment
By Kevin Collison The sale of The Kansas City Star building was completed last week although the new owner has no immediate plans to redevelop the historic property at 1729 Grand Blvd. “I’ve worked a little over a year on the transaction so I’m excited to complete the acquisition,” Vince Bryant of 3-D Development says….
Groundbreaking for $25 Million Hampton Inn Expected Soon, Latest Hotel in Growing Crossroads District Market
By Kevin Collison A seven-story Hampton Inn hotel on the northeast corner of 16th and Main is expected to start construction in October, a project that is reinforcing the Crossroads reputation as the hip place to stay downtown. “It’s a perfect fit, right on the streetcar and near the incredible restaurants in the Crossroads,” said…
New Development Site in River Market Considered Potential Location for Mid-Rise Apartment Project
By Kevin Collison A massive industrial plant at First and Grand that opened in 1904 to supply electricity to the old Kansas City streetcar system may wind up capitalizing on the popularity of its revival. Veolia energy, the French firm that began operating the five-story behemoth in 2008, has begun marketing a nearby four-acre site…
Ambassador Hotel Gets Incentive Nod for $14.9 Million Expansion, Work to Begin Soon
By Kevin Collison The owner of the Ambassador Hotel at 1111 Grand plans to break ground on a nine-story addition this fall after receiving approval for tax incentives last week. The $14.9 million project will add 70 rooms to the 43-room boutique hotel that opened in the historic Gate City National Bank Building in 2012….
City Club Apartments Begins Marketing Its New $76.8 Million Crossroads Project
By Kevin Collison City Club Apartments has begun a marketing campaign for a $76.8 million development that’s expected to transform a desolate block along the streetcar line in the Crossroads District into a dynamic mixed-use project. The suburban Detroit-based developer is planning to renovate the historic Midwest Hotel at 1925 Main St. and combine it…