Dodge Data & Analytics reported Thursday that $464.3 million in nonresidential and residential building contracts were issued last month in the 15-county area. That’s up from $111.3 million in Feburary 2014.
The Kansas City Council approved the View II, a five-building renovation plan in the West Bottoms for nearly 250 residential units in structures that have been vacant more than a decade. The residential loft experience should appeal to creative young people who already are attracted to the lower-cost warehouse and industrial area near Kemper Arena.
Part of the plan, named Union | Berkley Riverfront Park, calls for construction of luxury apartments, retail and parking facilities. The $65 million project will be developed by Flaherty & Collins Properties of Indianapolis on land owned by the Port Authority. The plat approval covers about 20 acres bounded by East Riverfront Drive on the north, Front Street on the west, Interstates 29 and 35 on the east, and railroad tracks on the south.
IAS Partners Ltd. is acquiring the shopping center from MD Management in a deal set to close in late April. IAS envisions replacing the enclosed mall with a new open-air center that will include local and national retailers, multifamily housing and maybe office spaces.
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Kansas City’s downtown streetcar construction process is nearly 50 percent complete and should be finished by this fall. But then the vehicles will undergo months of testing before passengers are expected to start riding in the first few months of 2016.
Independence officials hope the new Stoney Creek Hotel and Conference Center, which opened Sunday, brings new momentum to the Crackerneck Creek development. The 200-acre district is at the southwest corner of Interstate 70 and Interstate 470/Missouri 291.
A 12-story, 116-unit residential tower with retail on the ground floor is the new plan for 2100 Wyandotte, which required EPA Superfund demolition and which has gone through 15 years of redevelopment plans. The new plan calls for market-rate studio, one-bedroom and two-bedroom apartments with 153 enclosed parking spaces under the name Arterra 21.
Populous and HNTB joined Eppstein Uhen of Milwaukee in winning a design contract for a new sports and entertainment complex envisioned by the Milwaukee Bucks owners. Bucks co-owner Wes Edens said the team wants to create “the ultimate fan-centric arena and a year-round public space.”
The century-old building in Kansas City’s historic Garment District is being redeveloped for more downtown housing. The units are expected to begin opening this summer at market-rate rents of $1,000 to $1,200 a month.
Kansas City-based Populous is working with the owner of the Jacksonville Jaguars on conceptual designs for a proposed 48-acre entertainment and leisure district. The plan calls for a “walkable destination” with restaurants, retail, a hotel, residential units, offices, a marina and other public spaces.
Construction of the three-story building would move Kansas City’s largest privately owned company and its 325 employees to Kansas. The announcement drew the ire of Mayor Sly James, who complained about the area’s “wasteful and destructive bidding war” that fails to produce new jobs.
Groundbreaking is expected this spring on a five-building apartment complex inside the freeway loop that will add 252 residential units to the growing housing market in downtown Kansas City. Construction also will begin on a nearby 138-unit apartment building by the same developer.
The planned Cambridge North Tower, at 39th Avenue and Cambridge Street, will house two of the fastest-growing areas at the hospital — neurosciences and surgial oncology, including ear, nose and throat programs.
The Kansas City Council voted to settle a lawsuit by the Lamar advertising company, which had challenged the city’s powers to condemn its billboard. The impasse threatened to scuttle the hotel project at 20th and Main streets. Now Lamar would give up that billboard in exchange for upgrading two other existing highway signs, while making the Main Street property available for a five-story, 110-room hotel.
Olathe Medical Center is embarking on a $100 million-plus expansion, its largest ever, which will include the addition of a four-story obstetrics wing and neonatal intensive care unit. The projects for its 250-acre campus between 151st Street and Interstate 35 will add more than 200,000 square feet of new construction by early 2017.
The historic Corrigan Building, named after a supporter of early rail transit in Kansas City, is linking its future to downtown’s new streetcar line. The 10-story building at 1828 Walnut St. in the Crossroads Arts District was set to be redeveloped into luxury apartments. But the developers recently decided to take the project in a different direction.
Developer Mark Patel bought the 100-year-old vacant downtown office building at 417 E. 13th St. late last year from Matt Abbott. Patel said renovation work on the interior of the seven-story building should begin around the end of January. He is hoping for a December opening for what will be a 75-room hotel.