Armour Boulevard Reborn!

Tuesday, May 9, 2017 | 8 a.m. - 9:15 a.m.
CM | 1.25
Add to My Log
#9110289

You'll learn about:

  • The applicant will learn about the variety of economic development tools to assist in commercial development

  • The applicant will learn how to create a collaborative process with neighborhoods when proposing a large development in the urban core.

  • The applicant will learn how historic preservation is an integral part of housing and neighborhood rejuvenation.  

Armour Boulevard one of Kansas City’s premier boulevards that has a mix of large multistory apartment buildings built between 1920 and 1960.  It is surrounded by the Historic Hyde Park neighborhood with is a collection of upper and middle class housing building from 1890-1920. Like many suburbs after World War II, housing was converted to multifamily and property values fell. Kansas City established the Midtown TIF (Tax Increment Financing) in 1992 to create a retail development, which included a big box hardware store and discount club, along with smaller retail and restaurants and another retail development in the area.  One of the key component, beside provide retail services to the surrounding neighborhood, was the creations of a fund to invest in single and multifamily housing.  The Rehabilitation Assistance for Midtown Properties (RAMP) created small grants for single family homeowners to rehabilitate their homes. The Business Interruption Fund was also created to provide debt service for large project. This has led to over $100 million dollars to renovate the historic housing stock and over 1,200 new residents. Learn how a variety of economic incentives and neighborhood collaboration lead to the rejuvenation of this area.

Speakers

Jeffrey Williams , AICP , , Kansas City , MO (see bio)
Bradley Wolf , City of Kansas City , Kansas City , MO (see bio)
Peter Cassel , Mac Properties , Chicago , IL (see bio)