A new development is under discussion that will provide 12 stories of office space totaling 188,000 square feet. The 12-story building is being pursued by Block Real Estate Services for a 1.5-acre location where the firm had proposed a hotel project last year. The land is now occupied by a 1950s apartment complex and is immediately north of the Seventh Church of Christ, Scientist. The project will be the first new office project pitched for the Country Club Plaza area since a controversial plan fell through three years ago.
The estimated cost for the Kansas City commercial real estate project is $78 million. The proposal is scheduled to be considered by the City Development Review Committee on March 19. Block Real Estate plans to seek a 25-year property tax abatement from the city to assist with the development because of the additional cost involved developing the site.