A $3 million apartment building at 37th Street and Gillham Road in Kansas City is planned for the near future in Old Hyde Park, according to reports. The nearby Armour Boulevard has residential offerings that are mostly historic remodels, and this new project will serve to provide a contemporary alternative to those older residential buildings. The 23-unit project will mark the first new development in Old Hyde Park in 30 years, and it will provide a loft-like space for people seeking a Kansas City residential space that has modern and minimal design.
In keeping with the historic look of the neighborhood, and the developers have coordinated with the local Historic Kansas City Foundation to ensure that they are preserving the local history, though the property will have to undergo modernizations as it has been deemed blighted and has not been maintained. The 23 two-bedroom apartments would average 900 square feet and monthly rents around $1,050. The development would include 36 spaces of secured parking. If the developers receive the necessary city approvals, construction would start in April with completion in early 2015.