Local Developers and Port KC to bring 600 apartments, $362 million development to Country Club Plaza neighborhood.

Berkley Riverfront, Kansas City, MO. – The Country Club Plaza is prime for a rebirth and local developers will do what they can to bring hundreds of needed residents to one of KC’s most historic destinations. The two proposed apartment complexes spread over three buildings will also bring more housing to a market lacking growth in that economic sector while breathing new life into an aging office building.

Port KC’s Board of Commissioners approved a deal with Block Real Estate Services and Sunflower Development to move forward on two projects, The Madison and Plaza Corporate Center.

The first project is the proposed 279-unit apartment building called The Madison which will sit in the vacant northwest corner of the intersection of Madison Ave and 47th Street to the west of the Plaza. The units will be one, two, and three-bedroom options. Port KC’s board approved $212 million in bonds.

The second project, the Plaza Corporate Center would rehab the 1970s building also located at 47th and Madison, while building an additional building and rebuilding the parking garage in the neighboring north lot. The rehab and new-build would bring 321 units to the neighborhood in a mix of one, two and three-bedroom apartments. Port KC’s board approved $150 million in bonds.

These projects will receive tax exemptions for 20 years, but will produce an additional $32.8 million in new tax revenues. Additionally, the developers will donate $2 million to Kansas City’s Affordable Housing Trust Fund which could turn those funds in 162 affordable units.

Construction on both of these projects are expected to begin in 2025.

.Block Real Estate Services and Sunflower Development Group have worked on projects in Kansas City such as 46 Penn Centre, 44 Washington, The Grand, Brookside Commons and The Oxbow.