Development
Royals Pitch $2 Billion Downtown Ballpark Development, ‘Largest Public-Private Investment in KC History’
By Kevin Collison Royals owner John Sherman officially announced what’s long been expected Tuesday–he intends to relocate his ball club to downtown as part of what he described as a $2 billion redevelopment plan. “A new home would be a far better investment, both for local taxpayer dollars already supporting our facility, and for the Kansas…
Historic Scarritt and Crossroads Projects Seek Incentives from Port KC
By Kevin Collison Two proposed downtown apartment developments totaling 234 units–one old, one new–are seeking tax incentives from Port KC. A development entity called Axis KC LLC is applying for a $47 million bond to help finance the redevelopment of the historic Scarritt office tower at 818 Grand and its adjoining Arcade into 126 apartments…
Mac Bets Big on Main in Response to Housing Demand and Streetcar
By Kevin Collison Mac Properties’ plan for a 325-unit, mid-rise apartment project at Main and Armour is all about responding to increasing population growth in a Midtown that will soon benefit from streetcar access, its developer said Wednesday. “We’re going to get you a great place for a restaurant, some other goods and services, and…
Apartment Tower with Affordable Units Proposed for Crossroads
By Kevin Collison Copaken Brooks is pursuing a 14-story apartment project at 1818 Main that is expected to include affordable units, according to a neighbor briefed on the plan. The proposed development, which would be located on the streetcar line, was mentioned in a blog post in early October by Jon Copaken, principal with the…
Developer Pursuing 180-Unit Apartment Project in East Crossroads
By Kevin Collison The city is in preliminary negotiations with a developer who wants to build a 180-unit apartment project on public property in the East Crossroads that would include 36 affordable apartments. Grayson Capital is pursuing the project at 1531 Holmes. The site is currently occupied by a city-owned building. The firm was selected…
Developers Envision Possible High-Rise Project on Broadway
By Kevin Collison A development group has acquired a 3.2-acre site on Broadway across from the Kauffman Center, including the former Denny’s site, and is contemplating a mixed-use project that could include a high-rise building. GDC Financial along with B16 Capital and EPC Real Estate Group has assembled a roughly two-block stretch of properties on…
Mac Properties Revives Big Armour and Main Project Without Incentives
(Editor’s note: Mac did not seek city incentives, but it did seek incentives from the KC Area Transportation Authority and its request was turned down Feb. 22, 2023) By Kevin Collison Mac Properties has revived its big residential development plan at Main and Armour, and this time won’t seek the incentives that prompted the City…
VanTrust Real Estate Joins Streetcar Land Rush on Main
By Kevin Collison VanTrust Real Estate, a major developer in the metro and nationwide, has joined the land rush along the planned streetcar extension, buying a two-acre property near Linwood and Main. The developer recently purchased the McGilley’s Funeral Home property at 21 W. Linwood, and while VanTrust has no immediate plans, a company representative…
KC Southern Still on Track for Possible Downtown HQ Expansion
By Kevin Collison The possibility Kansas City Southern could expand its downtown headquarters is picking up steam with the city seeking development proposals for property it owns adjacent to the railroad at 12th and Broadway. “We see tremendous potential at that site for a high-density, mixed-use development,” City Manager Brian Platt said. “It could be…
It’s Official: Blue Cross Relocating HQ to 1400KC, Former Waddell Project
By Kevin Collison Blue Cross Blue Shield is relocating its headquarters and more than 1,000 employees a half-mile north to occupy the 18-story office tower originally built for Waddell & Reed at 14th and Baltimore, company officials announced today. The move, long speculated after the Waddell deal collapsed when the firm was sold in late…