New apartments are coming in old Garment District warehouse

|, Love Funding News|New apartments are coming in old Garment District warehouse

We are excited to see that Lucas Place Lofts is nearly finished! Love Funding provided $20.5 million in financing to convert this historic building into market-rate lofts. Check out this article published in the Kansas City Star

By Kevin Collison, The Kansas City Star

A 110-year-old warehouse in Kansas City’s downtown Garment District is reopening as a loft-style apartment project featuring a light sculpture cascading the depth of its eight-story atrium.

The former Burnham-Hanna-Munger Manufacturing Co. building at 323 W. Eighth St. has been transformed into what’s being called Lucas Place Lofts. The first residents of the 130-unit building are expected to begin moving in March 1.

Its New York designers have retained the heavy wood timbers and industrial-style windows of the massive eight-story brick building and added a few contemporary flourishes. Its original use was as a warehouse for jobbers who specialized in wholesale trade and selling to retailers throughout the Great Plains.

“Aesthetically, it’s terrific,” said Jay Landesman, a partner at LandWhite Developers LLC, the Indiana and New York firm behind the $30 million redevelopment. “The atrium is very unusual.”

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Source: The Kansas City Star

2014-02-07T00:02:36+00:00 Industry News, Love Funding News|