If you’ve ever bemoaned the lack of available housing in downtown Kansas City, rest assured, changes are coming soon. Kansas City’s downtown riverfront is poised to welcome its first private project, a $65 million apartment development that would be the first fruit of a revitalization effort stretching back over 30 years. The luxury apartment sector will be expanding in the area as a developer is planning a 398-unit luxury apartment complex and retail space. The project speaks to the young professionals in the area and others looking to live within the downtown sector and utilize the area’s amenities, from shopping to dining and more.

This is definitely exciting news for the Kansas City apartments market. The development is not just about the building, however, as developers have planned large lots of green space around the area as well. Amenities of the complex will include a pool, sundeck, skybar, and fitness club. If all goes according to plan — some financial details still need to be resolved — the four-story apartment project, which includes 12,000 square-feet of retail and surface parking for 400 cars, could begin construction by this fall with completion by early 2016.

Additionally, there will be some city engineering in the neighborhood to clean up the streets, upgrade utilities and sewage services, and focus on transforming the neighborhood into more of an urban village filled with residential, retail and office space.