Opus Scraps Crossroads Apartment Plan, Faultless Building Back on Market
Published March 12th, 2020 at 11:00 AM
By Kevin Collison
Plans have been scrapped for a $52 million apartment project first proposed three years ago by Opus Development that would have replaced the long-vacant Faultless Linen building at 1923 Broadway.
Opus won approval from the city for the 228-unit apartment project in 2017, but never moved forward with the plan.
A company official said other projects took precedent, notably Westley on Broadway, a six-story, 256-unit apartment project being built at Westport Road and Broadway.
“We are not currently pursuing the Crossroads apartment project, but remain committed to bustling development activity in the Kansas City area,” Joe Downs, Opus executive vice president and general manager, said in a statement.
“Our current efforts are focused on the Westley on Broadway mixed use development that will open this spring and the Proxi Lawrence student living project that will be completed this summer, along with a robust pipeline of future developments.”
Opus is focusing its attention on completing the Westley at Broadway apartment project expected to open this spring in Westport.
The former 54,000 square-foot Faultless Linen building at 20th and Broadway has been vacant for several years. A representative for the owner, Bob Galamba of Colliers International, said its now back on the market.
“We’re back out talking to bother apartment developers and we’ve had folks reach out to us to reuse the building, something we didn’t see a few years ago,” Galamba said.
In the meantime, other Crossroads apartment project have been announced and/or under construction since Opus first pitched the Faultless project.
City Club Apartments at 20th and Main is nearing completion, and recently revealed it had signed DGX, a Dollar General urban concept store, as a retail tenant. REVERB, a 14-story apartment tower, is under construction at 18th and Walnut.
Farther east, the 341-unit Artistry KC apartment project is underway near 19th and Oak streets and in December, Mashburn Development revealed a proposal for a $100 million development just up the street from Faultess that would include 220 apartments at 1650 Broadway.
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