Downtown Living
Lux Downtown Tower Deal Nixed, New Buyer Sought for Land
By Kevin Collison Lux Living’s proposed high-rise hotel and apartment proposal at 14th and Wyandotte has collapsed after the property’s California owner stopped extending its development agreement in order to seek a new buyer. The almost $200 million development proposed by the St. Louis developer next door to the historic Power & Light Building had…
Big Third and Grand Apartment Project On Track for Late Winter Start
By Kevin Collison Work is expected to begin by late winter on a 246-unit apartment project located on a public parking lot at Third and Grand, a site that’s been targeted by the KCATA for development since 2015. Bill Crandall of CBC Real Estate Group, a partner in the $60 million venture, described the project…
Development Humming at 18th & Vine with New Apartments, Other Projects
By Kevin Collison The 18th and Vine Jazz District has received a double dose of good news recently with the opening of the $25 million One Nine Vine apartment project and the award of tax credits critical to another project that would revitalize a strategic block. The 80-unit One Nine Vine is located at the…
Main Street Buildings at Center of Landmark Controversy for Sale
By Kevin Collison A group of buildings at 31st and Main that were declared historic over the owner’s objection last year are back in play, and preservation advocates are hopeful about their prospects to be saved from destruction. “This is the opportunity provided by listing them as a local landmark,” said Lisa Briscoe of Historic…
LuxLiving Drops Two Downtown Apartment Proposals, Still Pursuing Tower Plan
By Kevin Collison LuxLiving, the St. Louis apartment developer building the Katz project, has dropped two downtown residential deals but is still pursuing its big apartment and hotel high-rise proposal at 14th and Wyandotte. Lux scrapped its plan to build at 250-unit apartment development on riverfront property owned by Port KC. The developer also is…
East Crossroads Apartment Plan With Affordable Units Moving Forward
By Kevin Collison Design work has begun on a 190-unit apartment project in the East Crossroads that will include affordable housing and a fitness center open to the public. Developer Michael Collins has acquired the 1.2-acre site southeast of Truman Road and Holmes from the city and is anticipates beginning construction on his ‘Mohawk at…
Big West Bottoms Redevelopment Project Wins Key Tax Incentives
By Kevin Collison A $526 million plan that would revitalize a big section of the West Bottoms by restoring dozens of historic buildings and repairing its crumbling infrastructure won vital tax incentive support from a city development agency Thursday. The sweeping proposal by New York-based SomeraRoad, which already has backing for its plan at City…
Columbus Park Townhome Project to Test Demand for Upscale Housing
(Editor’s note: This article originally was published July 26) By Kevin Collison Work has begun on a residential project in the Columbus Park neighborhood that is expected to fetch sales prices in the mid-$600,000 range for three-bedroom townhomes. The project by DAK Pacific LLC is being built on a small triangular site at 1015 Pacific…
West Bottoms Revival Continues with Two More Historic Rehabs
(Editor’s note: This article originally was published May 22) By Kevin Collison The West Bottoms redevelopment surge continued last week with tax incentives approved for the renovation of two historic buildings, one a 77-unit apartment project, the other a small office plan. The MCM Company of Cleveland continued onto the next phase of its West…
South Loop Park Could Trigger $685M Investment, 1,200 Apartments
By Kevin Collison Copaken Brooks wants to build a $335 million development that would feature a 700-unit, high-rise apartment project north of the T-Mobile Center, according to state tax credit application for the proposed South Loop Project. The big project proposed for 12th and McGee was disclosed in letters and an economic impact study supporting…