Box Real Estate Development eyes distinct vertical mixed-use townhomes in NKC
Thomas Friestad – Staff Writer, Kansas City Business Journal
Published Oct 6, 2021, 3:15pm EDT
A Lee's Summit boutique developer looks to bring distinct European flair to North Kansas City with a mixed-use proposal on the last remaining land site in an area where hundreds of worn-down apartments were torn down more than 15 years ago.
The City Council agreed Tuesday to enter development and land sale agreements with Box Real Estate Development for Blume NKC, a $21 million Opportunity Zone development with at least 26 residences and 25,000 square feet of commercial space.
The city chose the developer through a September 2020 request for proposals for 2.77 acres it owns along Burlington Street, between 29th and 32nd avenues, in its legacy Northgate Village neighborhood. City officials expect to sell Box the site for $3 per square foot, or an estimated $361,984.
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