Housing
If Historic Tax Credits Go Away, Local and National Redevelopment Will Come to a Crumbling Halt
GUEST COMMENTARY By Elizabeth Rosin Have you noticed how Kansas City has changed over the past decade, how vibrant our urban core has become? It was a gradual process that happened one property at a time. Most of these buildings were transformed using the historic tax credit (HTC), a tool that helps developers leverage private…
Developer Plans to Renovate “Abandoned Fortress” Building into Apartments
By Kevin Collison A vacant, dilapidated brick building at 27th and Madison that was built in 1920 as a power substation is slated to re-energized as a 10-unit apartment building. “It struck our eyes as being a catalyst to revitalizing that neighborhood and continue Kansas City’s overall revitalization of the urban core and downtown area,”…
Two New Residential Projects in the Works for Paseo Gateway Area on Downtown’s Northeast Edge
By Kevin Collison Construction on two residential projects, a 57-unit apartment development and 22 townhouses, is scheduled to begin next month in The Paseo Gateway redevelopment area on the northeast edge of downtown. The $12.9 million Quinlan Place apartment project and $5.1 million Quinlan Row townhouses project were endorsed by the Planned Industrial Expansion Authority…
Almost Full Commerce Tower Holds Grand Opening; Added Bonus, Dowdy CVS Pharmacy Next Door Getting New Look
By Kevin Collison The $139 million redevelopment of the historic Commerce Tower, described as a ‘vertical neighborhood,’ held its grand opening this week and 95 percent of its 355 apartments are expected to be leased by the end of November. “I knew it was going to do well, but the biggest thing is we’ve had…
Denver Postcard: Cost of Millennial Utopia, Downtown Apartments Cost Over 50 Percent Above KC
By Kevin Collison During a recent visit to old friends in Denver, I got a kick out of their 20-something son’s T-shirt. On it was an image of the retro-wooden, highway sign you see crossing the border: “Welcome to Colorful Colorado.” Beneath it read “No Vacancy.” It was telling of the huge growth boom going…