Flaherty & Collins to Build First Phase of KC River Development
- Jun 18, 2014
Kansas City, Mo.—The Port Authority of Kansas City has inked an agreement with Indianapolis-based Flaherty & Collins to create a mixed-use “urban village” on the Kansas City riverfront. The development will be the first phase of the Berkley Riverfront Development, and will include 398 apartment units, 400 parking stalls, and 12,000 square feet of retail shopping across five acres.
Common amenities for the development’s residential component will include a resort-style pool with sundeck, sky bar with views of downtown Kansas City and the river, a gaming lounge, fitness club, indoor/outdoor yoga and Pilates studios and a bicycle bar. The property will also be the property will be pet friendly, and include a pet wash.
The Berkley Riverfront Development is a master plan set forth by the Port Authority for a 55-acre site along the Missouri River. The long-term goal of the development, according to the agency, is to “create a world-class village that will encompass offices, residential and retail space, and amenities.”
The Port Authority calls the five-acre Flaherty & Collins project an “initial step,” and one that’s been a while in coming, since the agency has been working with the City of Kansas City on infrastructure investment and environmental abatement for about 30 years. Cassidy Turley brokered the deal between the agency and developer.
Flaherty & Collins is mixed-use property specialist with projects throughout the Midwest. The company has produced over 46 properties that include 4,250 housing and mixed-use units in places such as Orland Park, Ill; Indianapolis; Minneapolis; Gladstone, Mo; Cincinnati; and Raleigh.