Multifamily - Kansas City

  • New 363-Bed Dormitory Announced Near UMKC and Rockhurst; Glimcher Realty Trust Expands Portfolio in Leawood

    By Gabriel Circiog, Associate Editor The Diocese of Kansas City-St. Joseph plans to construct a 363-bed dormitory targeting the students of Rockhurst University and the University of Missouri-Kansas City, the Kansas City Star reports. The former St. Francis Xavier School, on Troost Avenue, which has been empty since 2009, will be demolished to make way [...]

    01 June 2012 20:19
  • CBRE Group Inc. Announces Sale of Rosehill Pointe Apartments

    By Gabriel Circiog, Associate Editor CBRE Group Inc. has announced the sale of the 498-unit Rosehill Pointe Apartments in Lenexa. The garden-style community, located at 12701 W. 88th Circle, was built in 1985 and has benefited from over $1.4 million in capital repairs since 2007. The property was acquired by Kansas City-based Maxus Realty Trust [...]

    15 April 2012 20:23
  • Neptune Apartments Sold to Price Brothers

    By Gabriel Circiog, Associate Editor Highwoods Properties has sold Neptune Apartments to Overland Park developer Price Brothers for $11 million, The Kansas City Star reports. The Country Club Plaza has been at the center of public attention for some time, with the Neptune Apartments at the epicenter of an ensuing battle. The North Carolina owner [...]

    16 March 2012 16:00
  • Make it Right Foundation will Assist Conversion of Bancroft School Into Affordable Apartments

    By Gabriel Circiog, Associate Editor Make It Right Foundation, founded by Hollywood actor Brad Pitt, together with BNIM Architects from New Orleans, will help out in the renovation of the long-closed Bancroft School into affordable apartments and a community center, The Kansas City Star reports. Plans call for the conversion of the 103-year-old brick school [...]

    26 February 2012 23:40
  • Briarcliff City Apartments Sold to CH Realty V/Briarcliff LLC; Kansas and Missouri United to Keep Marine Data Center

    By Gabriel Circiog, Associate Editor Kansas City Life Insurance Company has announced the sale of its 50 percent interests in a joint venture entity, the Briarcliff City Apartments in Kansas City, Missouri. Located at 3880 N. Mulberry Drive, in the Briarcliff master planned community, just five minutes from downtown, the 263-unit multifamily development was a [...]

    17 February 2012 16:18
  • Kansas City Reaches $15 Million Settlement for Citadel Plaza Development Lawsuits

    By Gabriel Circiog, Associate Editor The Citadel Plaza development saga is finally over with the city putting the cap on the long legal battle. The Kansas City Star reports the details of the settlement that was unanimously voted by the City Council back in November. The $80 million project drawn up over 10 years ago, [...]

    13 January 2012 18:59
  • Briarcliff Realty Plans 298-Unit Development; Aragon Holdings Expands Portfolio

    By Gabriel Circiog, Associate Editor Briarcliff Realty is planning to build an apartment community south of the Tuileries Plaza retail center, the Kansas City Star reports. The 298-unit development, Village at Burlington Creek, was approved by the Kansas City Planning Commission, and upon approval from the Kansas City Council,the construction could begin by March. The [...]

    16 December 2011 16:45
  • Historic U.S. Courthouse in Downtown Kansas City Redeveloped into Apartments

    By Gabriel Circiog, Associate Editor The redevelopment of the former Kansas City downtown federal courthouse into an apartment building is complete. The Kansas City Star reports Mayor Sly James participated in the inaugural ceremony which marked the completion of a grueling redevelopment that started five years ago. James describes it as a unique environment and [...]

    13 December 2011 00:23
  • Kansas City TIF Commission Approves Redevelopment Plan for Stalled Antioch Mall

    By Gabriel Circiog, Associate Editor The long-stalled redevelopment of the Antioch Mall seems to be back on track as the Kansas City Tax Increment Financing Commission unanimously approved the plan proposed by the new owners of the mall, Antioch Redevelopment Partners LLC. The Kansas City Star reports the Kansas City Council is expected to approve [...]

    21 November 2011 03:19
  • Ford Motor Co. and Governor Jay Nixon Announce Historic $1.1 Billion Investment

    By Gabriel Circiog, Associate Editor Missouri Governor Jay Nixon, senior executives from Ford Motor Co., and leaders of the United Auto Workers have announced a historic $1.1 billion investment in the Claycomo facility. Governor Nixon hailed the investment as the rebirth of the American auto industry. The investment will add 1,600 new jobs over the [...]

    28 October 2011 18:39