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You guys have any threads showing all the projects in Louisville, Indy or Nashville?
I put the link together below for KC, but I would like to see what's going on in the other towns. I have follwed much of what Nashville has been doing, but not such much in Indy and Louisville.
The folks over at Brokensidewalk should be getting a list together here shortly but I would say Louisville has a similar amount of development. The question becomes this...how much of that in KC will actually get built or rehabbed? For example, the four power an light apartment towers? I would be willing to bet that only one gets built, maybe two. Time will tell. I wouldn't trust anything Cordish says. Their track record in Louisville is terrible and luckily, other developers have been chosen to develop blocks they have lagged on, like the Omni tower, which I believe will be a bit taller than One Light with the penthouse apartments around 375 feet and 30 stories.
The folks over at Brokensidewalk should be getting a list together here shortly but I would say Louisville has a similar amount of development. The question becomes this...how much of that in KC will actually get built or rehabbed? For example, the four power an light apartment towers? I would be willing to bet that only one gets built, maybe two. Time will tell. I wouldn't trust anything Cordish says. Their track record in Louisville is terrible and luckily, other developers have been chosen to develop blocks they have lagged on, like the Omni tower, which I believe will be a bit taller than One Light with the penthouse apartments around 375 feet and 30 stories.
Two Light has already been approved by the City council and is slated to break ground in the Spring of 2016. According to this article, there are 3,000 on a waiting list, so I think at least Three Light will get built. http://www.bizjournals.com/kansascit...-in-nears.html
The Hyatt has also been approved and is slated to break ground early next year as well with the following schedule:
Dec 15 - Jan 16 close Financing
March 2016- Project Design
April 16- demo
May 16- construction begins
Sept 18 - Hotel Preopening
October 18- hotel opening
Two Light has already been approved by the City council and is slated to break ground in the Spring of 2016. According to this article, there are 3,000 on a waiting list, so I think at least Three Light will get built. http://www.bizjournals.com/kansascit...-in-nears.html
The Hyatt has also been approved and is slated to break ground early next year as well with the following schedule:
Dec 15 - Jan 16 close Financing
March 2016- Project Design
April 16- demo
May 16- construction begins
Sept 18 - Hotel Preopening
October 18- hotel opening
I doubt there are that many on the waiting list. That is Cordish trying to upsell the project. I know their PR spin game. KC has plenty of apartments, both high and middies, where people can live. No way 3k are going to wait for that. I am just keeping it real. I could maybe see two light getting built at some point, but I seriously doubt the other two will, at least not with that developer.
KCMO, in that list you posted, it would have been cooler to see project status. For example, Nashville's Cranewatch has dozens of buildings which will never get off the drawing board. It also has dozens that will and that are currently under construction. So, which buildings have broken ground on that list?
And the Biz Journal link you posted...did you actually read the article? It says the project suffered a "temporary" setback and the Tax Increment Financing Commission of Kansas City eliminated the obstacle Wednesday, voting 6-3 to approve tax increment financing for the mixed-use renovation of the 31-story Commerce Tower and an adjacent garage at 911 and 921 Main St.
The P&L building is currently under construction/renovation. Power & Light
And the Biz Journal link you posted...did you actually read the article? It says the project suffered a "temporary" setback and the Tax Increment Financing Commission of Kansas City eliminated the obstacle Wednesday, voting 6-3 to approve tax increment financing for the mixed-use renovation of the 31-story Commerce Tower and an adjacent garage at 911 and 921 Main St.
The P&L building is currently under construction/renovation. Power & Light
Doesn't mean anything until the tower cranes are up and steel is rising. Trust me on this one. Cordish is a shady development company. And when they see that KC taxpayers refuse to give them anymore freebie tax handouts, they'll back out. Trust me, I have seen Cordish's shady ways in several other cities. If the market demands it, more units will be built. Right now I cannot see downtown KC supporting all these proposals and they won't. The same can be said for any city, so do not feel bad. There are just as many proposals in Indy, Louisville and Nashville that will never get off the ground. This is normal in development circles.
I doubt there are that many on the waiting list. That is Cordish trying to upsell the project. I know their PR spin game. KC has plenty of apartments, both high and middies, where people can live. No way 3k are going to wait for that. I am just keeping it real. I could maybe see two light getting built at some point, but I seriously doubt the other two will, at least not with that developer.
KCMO, in that list you posted, it would have been cooler to see project status. For example, Nashville's Cranewatch has dozens of buildings which will never get off the drawing board. It also has dozens that will and that are currently under construction. So, which buildings have broken ground on that list?
Also, as noted, you included many projects that have been open for some time.
Kansas City is not exactly a high growth city. Compared to most of its peer cities, it's average at best. But nearly all the projects listed in that thread are a solid go. The only projects listed that may not happen are the office projects. (just two of the projects listed). Nearly all the residential projects are very near construction or have already started construction. KC does not have any 45 story apartment skyscrapers even proposed like Nashville does and those are the types of projects that tend to stay renderings forever. And there "might" be one or two projects listed in that 2014 list you posted, but not many. If anything, the projects planned in 2014 probably went under construction in 2015.
I really don't get the animosity. Just show what other cities are doing. I'm not trying to compare. I would just like to see an update. I looked at the Nashville projects and some of the bigger ones are still in early planning or even concept stages, but I still think it's cool that there are projects like that being proposed in Nashville. Hopefully they get built. They still have some impress stuff UC as well though.
Oh the Light 2 tower in KC is pretty much a done deal and it's very likely that the third tower will not be far behind. I know Cordish doesn't have a very good track record for developing residential towers in other cities. The do nice renderings and never build. In KC there is a huge pent up demand for new construction high rise living especially downtown (what little new construction high rise KC has had in the past 35 years has been in the plaza area). They have renovated nearly every old building in the city and new construction of midrise residential has only recently taken off in KC.
Regardless, even if Light 2 and the Hyatt are built next year, that's just two new towers. KC adds about one new tower over 20 stories every 5-10 years on average! Other than cordish, almost nothing on that scale has been even proposed by other developers, so KC will continue to grow their skyline very slowly compared to most major metros mainly because the jobs just keep going to the far flung suburbs . Even Baltimore with all their crime and image problems could have have a half dozen 30 story buildings UC within a year.
KCMO, in that list you posted, it would have been cooler to see project status. For example, Nashville's Cranewatch has dozens of buildings which will never get off the drawing board. It also has dozens that will and that are currently under construction. So, which buildings have broken ground on that list?
Dozens? Try maybe a dozen max not coming to fruition...and that's really pushing it. As nice of a resource as the Nashville Crane Watch is, it's not particularly accurate. In fact, the majority of the projects that are black for "lurking somewhere in the pipeline" have actually already started. Some such as Twelve Twelve have already been completed for months now while others such as the Westin (under construction) contain renderings that are out of date.
I follow Nashville development pretty closely. This is an incredible boom period for Nashville with around 30 cranes looming over the central part of the city. I continue to be amazed at the number of projects underway or quickly moving forward. Off the top of my head, I can only think of a few major Nashville proposals that have yet to start with slim chances of seeing fruition: West End Summit (#8 on CraneWatch), the Virgin Hotel (#61), and Grace at Elliston (#51). I'm sure we'll see a few others here and there not make it, but, again, most of these projects are already happening.
Here's a sampling of some of the major Nashville projects that are either under construction, in some stage of prep, or planned. I posted the Nashville projects around or above 200 feet that I feel confident will happen if they have not already started. You'd have to check out one of the urban development forums for a more comprehensive list that includes all the projects, but this should give an idea of how much development is happening in Nashville at the moment.
All the development in Nashville will not be new buildings either. Nashville has some great conversions and restorations in the works. I particularly love all the boutique hotel conversions in the works for downtown especially the Utopia Hotel and Noel Place with their planned additions.
Dozens? Try maybe a dozen max not coming to fruition...and that's really pushing it. As nice of a resource as the Nashville Crane Watch is, it's not particularly accurate. In fact, the majority of the projects that are black for "lurking somewhere in the pipeline" have actually already started. Some such as Twelve Twelve have already been completed for months now while others such as the Westin (under construction) contain renderings that are out of date.
I follow Nashville development pretty closely. This is an incredible boom period for Nashville with around 30 cranes looming over the central part of the city. I continue to be amazed at the number of projects underway or quickly moving forward. Off the top of my head, I can only think of a few major Nashville proposals that have yet to start with slim chances of seeing fruition: West End Summit (#8 on CraneWatch), the Virgin Hotel (#61), and Grace at Elliston (#51). I'm sure we'll see a few others here and there not make it, but, again, most of these projects are already happening.
Looks like I may be wrong about this one. Sir Richard Branson has just purchased the property. Fingers crossed this one comes to fruition as it's my favorite Nashville proposal.
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