Quote:
Originally Posted by cjreisen
Can someone explain to me why KC is so bad at attracting new people to live downtown? Or can someone please tell me an area where there's a lot of new multifamily residential occuring? I regularly study KC when new streetview comes out, and I'm regularly disappointed that for such a seemingly attractive city, nothing seems to be happening in downtown KC or nearby. Why? When Detroit/Denver/even St Louis see so much more development.
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I don't know if this is exhaustive, but the Collier's 2018 forecast report (
http://wg7.winbury.com/2018.Colliers...ast.Report.pdf) included this for downtown:
RECENTLY DELIVERED IN 2017
Summit on Quality Hill, 252 units, 1Q17
East 9 at Pickwick Plaza (renovation), 260 units, 2Q17
Apex on Quality Hill, 138 units, 2Q17
3435 Main, 80 units, 2Q17
Berlau Paper House (renovation), 16 units, 2Q17
911 & 915 Broadway (renovation), 44 units, 2Q17
CP Lofts, 108 units, 2Q17
Commerce Tower (renovation), 342 units, 3Q17
Terrace on Walnut (renovation + 2 floors added), 38 units, 4Q17
UNDER CONSTRUCTION IN 2017
Crossroads Westside, 221 units, 1Q18
531 Grand, 140 units, 1Q18
Norman School Lofts (renovation + new addition), 61 units, 1Q18
Milliner Lofts (renovation), 26 units, 1Q18
Two Light, 296 units, 2Q18
Traders on Grand (renovation), 203 units, 2Q18
Wonder Lofts (renovation), 84 units, 2Q18
Gallerie, 361 units, 3Q18
The Continental (Mark Twain Bldg) (renovation), 154 units, 3Q18
ARTerra 21, 126 units, 4Q18
Second and Delaware, 276 units, 1Q19
Union | Berkley Riverfront Park, 410 units, 4Q19
There are a lot more proposals which may break ground soon including Three Light (300 units), City Club Apartments (293 units), OPUS Crossroads Apartments (228 units), The Yards (232 units), Ashland's in River Market (93 units), to name a few. Also there is a lot of residential development proposed or starting construction around Westport and the Plaza, along Armour Blvd in midtown, and along the Main Street corridor thru midtown in anticipation of the streetcar extension.
We're certainly not seeing the explosive growth of Denver, and I can't comment on the development pace of Detroit, but KC seems to be pretty much on-par with recent St. Louis urban development. In fact, KC's downtown is seeing more development projects than downtown St. Louis, as the majority of their recently completed or U/C urban development seems to be occurring in the central corridor west of downtown and midtown (CWE, The Grove, and downtown Clayton, especially).
The Downtown KC population is growing. 2010 census put it at around 22k, with the 2017 estimate at 25k. They are projecting to reach over 30k by 2020 as growth has ticked up in recent years.