Development
Big Waldo Apartment Project Proposed, Revives Streetcar Extension Idea
By Kevin Collison A 300-unit apartment project that would transform the scale and nature of the Waldo entertainment area received preliminary support from a transit-oriented development agency Wednesday. EPC Real Estate Group is cooperating with the Lewellen family, the owner of The Well at 7421 Broadway, on the $90 million plan called Waldo74Broadway. The proposal…
Delays Grow City Harvest Apartment Tower Cost to $95.6M
By Kevin Collison A 13-story apartment project planned next to the City Market has become significantly more expensive because of inflation after several months of delays caused in part by a hassle with the FAA over its proposed height. The new cost estimate for what’s called City Harvest is $95.6 million, 27.5 percent more than…
Milhaus Plans $58M Apartment Project in North KC
An Indianapolis apartment developer with a deep portfolio in greater downtown Kansas City is planning its first project across the river in North Kansas City. Milhaus is planning a $58 million development in the One North Redevelopment area southeast of Armour Road and Interstate 29/35. The 58-acre former industrial site was once occupied by grain…
LuxLiving Scraps Riverfront Incentive Request, More Tax Revs, No Affordable Housing
By Kevin Collison LuxLiving has dropped its request for tax incentives to help build a proposed riverfront apartment project, a move that could yield about $18 million in fresh tax revenues, but set back efforts to providing affordable housing in the booming area. Port KC President and CEO Jon Stephens said the St. Louis-based developer…
Crossroads Office and Retail Development Includes ‘Leafy Oasis’
By Kevin Collison Work could begin this year on philanthropist and developer Shirley Helzberg’s plan to renovate two, historic Film Row buildings into office space and create a “leafy oasis” on what’s now a parking lot at 18th and Baltimore. Her latest Crossroads redevelopment, which ultimately includes building two, multi-family luxury buildings on West 17th…