Developers submit two-thirds of 16th and Broadway master plan near Kauffman Center
Plans have been submitted for two towers within the proposed 16th and Broadway development near Kansas City’s Kauffman Center for the Performing...
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The skids have been greased for part of a nearly $160 million mixed-use proposal in and around two historic downtown buildings.
Kansas City’s Land Clearance for Redevelopment Authority on Wednesday approved taxable industrial revenue bonds up to $70 million under a sale-leaseback agreement with MFH Office Property LLC, a subsidiary of Fairway-based Platform Ventures.
The deal provides a means for facilitating a bevy of incentives the LCRA approved in December 2018 for a $70.5 million office-garage development — one phase of Platform Ventures’ larger mixed-use project on the block just east of Barney Allis Plaza.
Platform Ventures plans to build a 155,000-square-foot, 14-story Class A office tower and demolish an existing parking garage to build a new one with 410 spaces at 13th and Wyandotte streets.
The proposed office-garage piece grew in scope from the prior proposal, which entailed a 100,000-square-foot building — expanding its price tag from $42.6 million to $70.5 million.
The developer also is redeveloping the historic Kansas City Club building at 13th Street and Baltimore Avenue to house a 15-story, 144-room hotel.
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