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KC works deal to backstop debt for East Side offices, raising need for ‘parity’ with downtown deals

February 15, 2024 by Thomas Friestad

Community Builders of Kansas City has a $30 million office building at the starting line, but it has struggled to secure financing. To help with potential lenders, the city may backstop some of its debt.

Filed Under: Uncategorized

Copaken enlarges Crossroads apartment high-rise, adding units but not new incentives

February 13, 2024 by Thomas Friestad

Copaken Brooks looks to revise an approved Crossroads high-rise plan with more apartments in a taller building, but no new incentives.

Filed Under: Uncategorized

KC has multiple ways to condemn properties for a Royals ballpark, eminent domain experts say

February 7, 2024 by Thomas Friestad

The Kansas City Royals haven't yet announced where they want to build a downtown ballpark, but the East Crossroads appears to be at the top of their list. Given the number of parcels and variety of ownership there, experts say the team could use eminent domain to acquire needed land there.

Filed Under: Uncategorized

KC approves funds to help launch last, 202-unit phase at former Midtown office site

February 6, 2024 by Thomas Friestad

A city award of surplus tax increment financing dollars is intended to kickstart the Midtown Plaza project's last residential phase, which contemplates more than 200 new residences in place of onetime parking for a former Missouri Gas Energy building.

Filed Under: Uncategorized

After latest auction, historic downtown building could reopen as hotel or be converted for apartments

February 5, 2024 by Thomas Friestad

Shuttered since 2020, the 99-year-old Aladdin Hotel soon will go up for its second online auction in less than three years. New buyers could either reposition the hotel as an upscale boutique property or convert its 193 rooms for apartments.

Filed Under: Uncategorized

After latest auction, historic downtown building could reopen as hotel or be converted for apartments

February 5, 2024 by Thomas Friestad

Shuttered since 2020, the 99-year-old Aladdin Hotel soon will go up for its second online auction in less than three years. New buyers could either reposition the hotel as an upscale boutique property or convert its 193 rooms for apartments.

Filed Under: Uncategorized

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