Milhaus has announced the close of its next project in Kansas City, Missouri. The new $66.8 million development will feature 226 studio, one-, and two-bedroom apartments in the mix of three popular neighborhoods. With a Walk Score of 87, residents will have quick access to the University of Kansas Medical Center as well as restaurants, retail, art, and coffee shops.
“This project will capture the true spirit of the surrounding neighborhoods,” says John McGurk, vice president of development for Milhaus. “Its interiors will be a calming oasis from the hustle and bustle of the adjacent hospital and vibrant nightlife, while also tying in historic residential features from the Volker neighborhood with subtle pops of flare and art that are representative of funky 39th Street.”
The pet-friendly community will have ample parking and places to work and relax, including co-working areas, work pods, conference spaces, a movie room, a fitness center, an aqua lounge, an outdoor pool, and an outdoor living room. Other amenities will include a pet spa, bike parking, secured garage parking, a package hub, private storage rooms, and more.
With appreciation of the surrounding area, Milhaus took care when planning the project’s exteriors. Aiming to seamlessly incorporate portions with its surroundings, the east side will be inspired by the historic Scotford Building's red brick colonnade façade on Bell Street. Formally owned by President Harry S. Truman, the building will be honored and preserved by the development.
“We’ve enjoyed working closely with our new neighbors to ensure that the beauty and history of the neighborhood remain undisturbed,” says McGurk. “Our goal is for the community to be a great addition to the area that only adds to its charm.” Milhaus is again working with architect and interior design firm Helix and civil engineer Taliaferro & Browne to realize the property.
To finalize this latest endeavor, Milhaus enlisted Kansas City-based Cadence Commercial Real Estate, Humphreys Capital, and CrossFirst Bank. Financing for the project was secured through CrossFirst Bank.
“Our partnership is very pleased by the opportunity to work with a best-in-class development partner like Milhaus,” says Trip Ross, principal of Cadence. “Our development principles and sense of obligation to the community were aligned from day one. For the past several years, we’ve enjoyed being a part of the Volker and 39th Street communities, and we now very much look forward to working with the 39th and State Line community on this unique project—combining the historic buildings and the iconic local merchants of Jamestown Square with a modern apartment project and parking facility.”
This is Milhaus’ ninth project in the Kansas City metro, bringing the firm’s total apartments in the area to close to 2,000 units once complete in October 2024. “Working with Milhaus, a long-time partner with whom we have built a great relationship, is always a pleasure,” says Todd Glass, senior managing director of investments at Humphreys Capital. “This project is truly unique, and we couldn’t be more excited to be part of preserving the prominence of Volker while highlighting the economic significance of KUMC.”