A program that provides affordable housing to women recovering from substance abuse and their children intends to build a 37-unit development at 28th and Tracy. Amethyst Place, which currently operates a similar-size development and 27th and Troost, is planning the $15.4 million project that’s expected to begin construction this spring and be completed by late 2024.
With the help of Sunflower Development Group, Reconciliation Services secured $10.5 million in New Market Tax Credits — $8.5 million from Enterprise Bank and Trust and $2 million from Capital One — in late August. Mathews said Enterprise then purchased the tax credits as the lead investor, which netted more than $3 million for the Reveal Strength Campaign.
“We are truly honored to have been selected by VyStar to help make a bigger community impact for the people of Florida and Georgia who need it most,” said Chris Vukas, Director of NMTCs, Sunflower Development Group, LLC. “Their enthusiasm for community is contagious and securing additional federal resources will create new opportunities where the market-driven economy doesn’t work for low-income people and places.”
Construction of a new luxury apartment complex is officially underway on the long-vacant site of the former Mission Bowl in downtown Mission. The abandoned bowling alley at 5399 Martway Street — which was gutted by fire in 2015 — was torn down last year, and on Wednesday, developers, city officials and investors gathered for an official groundbreaking ceremony for the apartment project replacing it, now dubbed The Residence on Rock Creek.
Mark Moberly, partner and director of real estate development for Sunflower Development Group, said that when his organization looked into repurposing the Blenheim school it contacted the Tri-Blenheim Neighborhood Association early in the process. The development group focuses on renovating historic buildings.
Panelists Banks Floodman, director of business development, Sunflower Development Group, Fletcher Harder, project manager, Neighbors Construction Company, Michael Sullivan, founding partner, MMG Real Estate Advisors, and Nicole Yates, co-founder, Yates and Yates Co., gathered at the Homebase HQ last week with a sold-out audience to discuss the multifamily market at MetroWire Media’s 2022 KC Multifamily Summit.
Johnson County will help subsidize a new project to bring workforce housing to Shawnee. On Thursday the Board of County Commissioners (BOCC) voted 5-2 to issue a $1 million loan to support the construction of the Hedge Lane Apartments. The developers, Consolidated Housing Solutions and Sunflower Development Group, intend to create a 144-unit apartment complex near 75th Street and K-7 Highway in Shawnee.
Renovations have kicked off on Reconciliation Services’ historic building on the southeast corner of 31st and Troost in Kansas City, Mo.
The project, developed by Reconciliation Services, includes project partners Sunflower Development Group, LM2 Construction, Straub Construction, BNIM and MC Realty Group.
Dirt recently started moving on a 221-apartment complex called The View at Castle Rock that will include office and retail space, according to a news release. The $70 million project, located on Sixth and Jerry streets, is being built by a group called Castle Rock View Investors. The team includes Block Real Estate Services, Sunflower Development Group, First Construction, architecture firm CT Design and general contractor Vertix Builders.
The $70 million public-private project will deliver 221 apartments and office and retail space to downtown Castle Rock.
Construction is underway on The View at Castle Rock, a $70 million project that will include 221 apartments, 14,242 square feet of office space and 5,000 square feet of retail space. The six-story project is located at Sixth and Jerry Streets and is expected to generate $6.2 million in new tax revenues for the Town of Castle Rock through 2038. The developer for this project is Castle Rock View Investors, which consists of Block Real Estate Services, Sunflower Development Group and First Construction. CT Design is the architect and Vertix Builders is the General Contractor.
For the entire store go to CCDmag.com.
Construction on the $70 million mixed-use project, known as the View in Castle Rock, kicked off March 9 with a groundbreaking ceremony. Sunflower Development Group and their partners and community members gathered near the site on Wilcox Street to share details about the View. Included in the project are 221 apartments, more than 14,000 square feet of office space and roughly 5,000 square feet of retail space.
In late January, the Unified Government of Wyandotte County/Kansas City, Kansas, approved a revised development agreement providing for the additional STAR bonds in two tranches, to be unlocked once Homefield hits certain private investment thresholds, plus several deadline extensions for project components.
When Kansas City enacted minimum affordable housing set-asides last year, the ordinance’s champions on the City Council described the policy as a common sense reform through which incentive-receiving multifamily projects could play their part in addressing an ongoing crisis.
A new apartment complex is on its way to the former Mission Bowl site at 5399 Martway Street. Mission City Council approved the plan in December 2020, almost six years after a fire destroyed the beloved bowling alley. Sunflower Development Group, the developer building the 161-unit apartment complex, is working toward a November 2023 deadline.
The full article here.
Monday the Roeland Park City Council approved two land purchase agreements with Sunflower Development Group for roughly seven acres of land near 4800 Roe Parkway. The developer purchased four city lots for roughly $3.45 million. The council voted to approve both agreements 7-1.
A pair of commercial real estate companies has purchased a historical downtown Cincinnati office building with an eye on potentially converting the building to a different use. Sunflower Development Group and Block Real Estate Services purchased the Cincinnati Club Building, located at 30 Garfield Place, from Vulcan Property Management Co. at the end of November for $4.35 million.
The Keystone Community Corp. aims to engender goodwill among innovators in burgeoning Kansas City industries with the redevelopment of a nonprofit’s former “legacy home” in the East Crossroads. Equity partner Sunflower Development Group has Goodwill of Western Missouri and Eastern Kansas’ former office and warehouse building at 1817 Campbell St. under contract.
Construction is slated to begin soon on the Meadowlark Apartments, a new multi-family complex in southwestern Shawnee near K-7 Highway.
Hedge Land Developers, a limited liability company led by Sunflower Development Group, is planning to build what it calls an affordable multi-family complex with 144 units on about 7 acres.
A redevelopment project in the heart of Downtown St. Joseph has established a new community of modern lofts while preserving one of the area’s most prominent historic properties. Kansas City-based development firms Sky Real Estate, LLC and Sunflower Development Group, LLC led the effort
ST. JOSEPH, MO. — Sky Real Estate LLC and Sunflower Development Group LLC have completed a $36 million adaptive multifamily reuse project in downtown St. Joseph, about 55 miles north of Kansas City. The project involved the conversion of the former Richardson Dry Goods Co. headquarters into a 140-unit, loft-style apartment complex named American Electric Lofts.
The American Electric Lofts officially are open for business on 3rd and Jules streets in Downtown St. Joseph.
The original building that still stands today was built in 1892 as a dry goods manufacturing facility. The project has been in the works for some time now, but after four years, it’s ready for the public. It has 140 lofts available. It’s also equipped with amenities like a dog park, a yoga room, a fitness studio, a club room and soon-to-be Hazel’s Coffee Shop.
Sunflower Development Group (SDG) secured $11mm in New Market Tax Credits and $15mm in CID, TIF and Super TIF in order to cement a lease for a new 49,000 sqft Price Chopper with Balls Food Stores. The grocery store will be located in a dilapidated shuttered K-Mart located at Bannister Rd and Hillcrest. The developer LR- Kansas City 1, LLC had originally purchased the entire 100,000 sqft building for climate controlled storage; however, the City of Kansas City, Missouri asked that 50,000 sqft be utilized for additional retail to bolster the addition of the Cerner Campus.
Sunflower Development staff have always had an affinity for the Brookside neighborhood and taking bold steps to envision plans that can help revitalize blighted areas in the region. That’s why when we began talks on purchasing a large piece of land on the outskirts of Brookside we knew this land had a lot of potential to help push more development towards Troost and improve the area.
Sunflower’s newest hotel project, the La Quinta Del Sol on Troost Avenue, was recently featured by CityScene KC. This $16 million development continues the momentum of new investment in the Beacon Hill neighborhood, which has seen new construction and historic renovation projects over the last few years.
We’re excited to announce one of downtown Kansas City’s most stunning buildings will soon see new life. We have partnered with Augustine Development Group to pursue a $50 million redevelopment of the Scarritt Building and Arcade that will convert it into a 193-room hotel by Wyndham Grand.
Sunflower is excited to announce that our team has secured $7 million in New Market Tax Credit allocation for our client, the Unified Government of Wyandotte County (the UG). The UG was working with local stakeholders to identify a grocery store operator in downtown Kansas City. The Merc Co+op has signed onto the project and is slated to open in mid-2020.
Following the successful groundbreaking of our Uptown Lofts project in Midtown Kansas City, Sunflower is excited to announce plans for a hotel on the property. The hotel will be located at the corner of Valentine and Broadway, and construction is now entering the early stages.
We’re excited to share that Sunflower Development Group has been featured by MetroWire Media for our work around the downtown Kansas City area. The feature comes shortly after principal Jason Swords presented at a meeting of the Kansas City Certified Commercial Investment Member (CCIM) chapter.
The Grand, one of our favorite residential projects of the last few years, was the subject of a new feature by MetroWire Media. Formerly known as Traders on Grand, we spent several years redeveloping this building into a modern apartment building that would set a new standard for downtown living in Kansas City.
Just ahead of its grand opening, Sunflower Development Group gave the media a sneak peek inside our newest development in downtown Wichita, KS: the Spaghetti Works building. This historic building has been home to a diverse array of tenants over the years, and we are proud to give it new life as an upscale apartment building.
We are excited to announce plans for a new mixed-use development in the heart of Midtown, Kansas City.
Sunflower is proud to announce that we have started development on a new hotel property in Kansas City’s up-and-coming Beacon Hill neighborhood. Planning for this hotel has taken over two years, but our team could not be happier with the opportunity to bring a much-needed lodging option to this important corner of downtown.
Sunflower Development Group recently broke ground on a Phase II expansion of the Rooks County Health Center (RCHC) in Plainville, KS. Opened in 2017, the center was first home to an MRI and nuclear medicine operation—but it soon became clear that we had an opportunity to expand both the building and its service offerings.