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REQ: Here’s a roundup of 6 key KC real estate developments from the first quarter

March 17, 2023 by Thomas Friestad

As part of our latest edition of Real Estate Quarterly, we gather some key projects that got rolling in the first quarter, from a pair of high-rises to a new East Side office building to one development that's been around so long it feels like an old friend.

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BREAKING: Kansas City Southern, Americo may expand railroad’s offices

March 16, 2023 by Thomas Friestad

Kansas City Southern plans to partner with a familiar downtown office developer in an expansion onto a surface parking lot next to its local headquarters. The city's Neighborhood Planning and Development Committee next week is scheduled to review a measure through which City Manager Brian Platt could execute a sale and development agreement with the railroad company and Americo Life Inc. for 1.19 acres the city owns southwest of 12th Street and Broadway, near Quality Hill. City staff published…

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Block prepares to boost Oakwood Country Club’s ‘destination’ status with new par-3 golf course, residences

March 16, 2023 by Thomas Friestad

Block Real Estate Services LLC looks to attract new types of golfers to Oakwood Country Club with a coming par-3, nine-hole course, while also giving longtime members and visitors alike places to stay in a surrounding residential community.

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Urban Neighborhood Initiative buys former Wendell Phillips school for community center reuse

March 14, 2023 by Thomas Friestad

The Urban Neighborhood Initiative eyes a wide mix of community-serving reuses, in partnership with local nonprofits, following its recent acquisition of the former Wendell Phillips Elementary School from Kansas City Public Schools.

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Developer cuts height for Cocina 47 mixed-use proposed in place of Plaza church

March 14, 2023 by Thomas Friestad

Country Club Plaza neighbors next week are scheduled to get their first look at Drake Development LLC's revised plans for Cocina 47 — now with fewer stories — after Kansas City planners recommended against the taller version in June.

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Incentive-backed luxury apartments sell for more than they cost to build

March 6, 2023 by Thomas Friestad

Two Kansas City projects receiving incentives sold last year for millions beyond what was envisioned by the agencies granting the abatements. The sellers walk away with a much greater return than expected, the buyer gets the profit-boosting benefit of the remaining incentive period, and the affected taxing jurisdictions see no immediate benefit.

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