RentCafe, a national real estate research firm, ranks Kansas City among the top 10 cities in the country when it comes to converting historic buildings into apartments. The firm found 43 buildings in KC have been converted to 5,305 new residential units.
“A lot of the older office buildings have smaller floor plates, 10,000- to 15,000 square feet,” said Jason Swords of Sunflower Development.
“In the office world, people wanted larger floor plates, but with smaller floors you can do a residential layout with most of the units having windows.”
Sunflower recently completed the renovation of the 21-story former Traders National Bank Building which opened in 1962 into a $65 million, 201-unit apartment project called The Grand.
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