Six-Story River Market Apartment Project Wins City Council Approval
Published February 28th, 2018 at 1:15 PM
By Kevin Collison
Plans for a six-story apartment project near Third and Grand in the River Market have been approved by the city, but no construction timetable has been decided, according to the developer.
The City Council approved the 93-unit Ashland at River Market project planned by KC Commercial Realty Group last week.
The development is slated for a .64 acre site across from the streetcar stop at 110 E. Third St. occupied by Paw Paws.
While the plans submitted to the Council call for a construction start in June and completion in August 2019, no final schedule has been established, a KC Commercial Realty official said. The cost of the project also was unavailable.
City Councilman Quinton Lucas sent a message on social media last week the developer will not be seeking tax incentives for the project.
“Happy to vote to approve a great project for mixed-use…without any tax break/incentive request by the way,” Lucas stated.
The plan approved by the Council calls for the project to include 83 one bedroom units ranging from 670- to 835 square feet, and 10 two-bedroom units ranging from 1,033- to 1,082 square feet. The project also will include 5,150 square feet of retail.
A 93-space parking garage also is part of the plan, and there will be 52 bicycle parking spaces. The Ashland at River Market also will include a 3,344 square-foot fitness center.
The architect is NSPJ Architects and the contractor is Barsto Construction, according to the plans approved by the city. The facade will be brick and cast stone.
This will be the second apartment project done by KC Commercial Realty in the River Market. The firm developed the nearby 56-unit Centropolis on Grand project in 2016.