Hundreds of new apartments planned for Kansas City Northland near airport

A plan for hundreds of new apartments in the growing Northland is moving forward.

The Port KC Board of Commissioners signed off on a proposal from Quadrant Communities on Monday for the $46.5 million Tiffany Square Apartments project, just northeast of Interstate 29 and 152 Highway off Old Tiffany Springs Road just south of Kansas City International Airport.

The project will include a mix of market-rate studios, one-bedrooms, two-bedrooms and three-bedrooms, totaling 228 units. Amenities will include a clubhouse, a pool, green space and a fitness center. There will be 320 parking spaces.

Officials say the project will add needed workforce housing in a growing area with a rising number of jobs. Edison at Tiffany Springs, a Qudrant project just to the west from the Tiffany Square area, has units listed for rent ranging between $1,035 for a smaller one-bedroom to $1,695 for a larger two-bedroom.

The board approved a financing plan that includes $3.7 million in property tax exemptions over 10 years, while the project will generate $1.7 million in new property tax revenue during that time, according to agency materials.

The developer will also pay $1 million into the city’s housing trust fund, which offers grants to affordable housing projects. The payment is estimated to be able to contribute to the creation of 61 affordable units on average. The project falls under a broader vision for retail and housing development off Old Tiffany Springs Road.