ldai_phs wrote: ↑Apr 20, 2021
Sky Development and Cordish filed plans for 2 more towers in downtown KC.
Plans call for 506 apartments, 85,000 square feet of office and 830 structured parking spaces. These buildings will go at the 2 southern corners of Main & Truman road. Plans say Construction is expected to start in 2022
This will be Cordish’s first step outside P&L in KC. Je Dunn is likely an equity investor. Sporting KC owns one of the lots and had previously mentioned their involvement with a high rise apartment building on the lot.
This is a big project and I look forward to seeing the renderings for this.
The sites are not that large and with the 506 apartments, 830 parking spaces, and 85,000sf of office space, these buildings will be tall. Just for aesthetics, I doubt they'll go with a twin tower design but instead one will be taller than the other, which makes sense. Overall, these buildings are going to create a visual link from the high-rises and towers of the Downtown core into Crossroads where the Loews Hotel sticks out as the tallest building South of the highway. These two buildings will help blend the Loews in a bit better with the surrounding neighborhood and drag the energy of the Power and Light District further South.
Additionally, the units seemed to be competitively priced with other buildings in the Crossroads and Downtown neighborhoods and so these buildings should have no problems filling up. As the BizJournal reported: "Monthly rent for the planned apartments is expected to range from $1,200 for studios, averaging 375 square feet, to $3,500 for penthouse units, around 1,300 square feet.” There will also be affordable apartments in the building, which is a requirement in the City of KC now for buildings seeking incentives.
Hundreds of more residents, hundreds of more office workers, and much more all along the Streetcar route. This benefits nearby businesses but also businesses up and down the streetcar line.
To end this post, I think it's cool to bounce back to 2014, which was prior to the Streetcar opening and prior to the neighborhood undergoing a significant change. It was pretty dead and depressing back then. In the past 7 years, multiple projects have gone up, and are proposed, that have changed the tide in the neighborhood for the better. Now, it's much cleaner and vibrant with many more parcels to develop.
Here are the projects built over the past 7 years in the Crossroads.
- Loews Hotel
- Residence Inn/Courtyard Hotel
- Hampton Inn at 16th and Main
- 1914 Main
- Terrace on Walnut
- City Club
- Reverb
- Artistry
- Home 2 Suites
- Arterra
- Crossroads Westside
- Crossroads Hotel (historic redevelopment)
- And other redevelopments of smaller buildings on Grand and other streets.
Here are the projects currently proposed or in planning in the Crossroads...
- Main and Truman Southwest (Cordish+Sky)
- Main and Truman Southeast (Cordish+Sky)
- The Edison on Broadway (LuxLiving)
- The Tracks on 22nd (Milhaus)
- Alle on Broadway (Mashburn)
- Artistry Phase 2 (Milhaus)
- Pickle Ball on Walnut Street (3D Development)
- Freighthouse Village (3D Development)
- Podium Office Tower (3D Development)
- Grand Place (3D Development - Historic Redevelopment)
- 16th and Grand
And surely there are more in the works.