The Kansas City historical building on 12th and McGee known as the Argyle Building has been the subject of a potential development plan that would transform the building into a residential tower housing 102 apartments by 2014. Two other attempts to revitalize the building have failed to bring results, and the new project integrates the renovation experts at the Sunflower Group to convert the corporate building into apartments.
An existing problem that potential developers have had with the building is managing parking. The Kansas City movers have learned that the most recent proposal has a tentative agreement to lease 150 parking spaces in the adjoining parking garage to provide parking for residents. A $300,000 skywalk is planned to connect the parking to the building. The downtown residential development is poised to cost $19.5 million.
Currently, the demand for downtown housing is very desirable in Kansas City–residential units in the downtown area are at a 95 percent capacity. The Argyle, combined with several other proposed projects, would bring almost 1,500 additional apartment units to the area.