Midtown Plaza Project Nears Completion, Second Phase Planned
Published December 8th, 2021 at 12:30 PM
By Kevin Collison
The first phase of the Midtown Plaza apartment project, the renovation of a 1970s office building at 3420 Broadway, is nearing completion with a second phase of the long-delayed development expected to be introduced at City Hall soon.
The conversion of the seven-story, former Missouri Gas Energy building into 108 apartments was first proposed in 2015 by California developer Joseph Kashani.
Work was delayed partly by the Covid pandemic, according to Audrey Navarro of Clemons Realty. Her firm was hired recently to handle leasing and management at Midtown Plaza.
The first residents began moving into the building in October, and the entire project is expected to be completed by the end of February.
A second phase involving new construction that would include more than 200 apartments is still part of the Midtown Plaza redevelopment plan, Novarro said, and plans could be submitted to the city within 30 days.
That phase would be located west of the converted office building on what’s now a surface lot stretching to Pennsylvania between 34th Street and 34th Terrace. A one-block section of Washington street would be closed.
The second phase project would include a five-level building in the center of the site immediately west of the repurposed office building and a three-level building along Pennsylvania.
The former MGE building has been renovated into a mix of one-bedroom, two-bedroom and two-bedroom plus den apartments.
One-bedrooms range in size from 685- to 901 square feet and rents begin at $1,225. The two-bedroom units range from 986- to 1,222 square feet, and the two-bedroom plus dens are 1,354- to 1,401 square feet. Rents for two bedrooms begin at $2,200.
Parking on the surface lot goes for $45 per space or $65 for a tandem spot. Amenities include a fitness center, resident lounge and a patio with outdoor kitchen. A dog-washing station is planned and more amenities are anticipated for the basement area.
Navarro said Midtown location should make the development attractive to prospective residents.
“Midtown has a neighborhood feel and it’s an urban, walkable place in proximity to downtown,” she said.