KANSAS CITY, Kan. - For the first time in more than 25 years, developers are building an apartment complex in Kansas City, Kan.
The project is located just east of the Kansas Speedway at 130th Street and State Avenue. There will be 228 apartment units.
Gold Crown Properties is developing the $225 million apartment complex project. Gold Crown Properties President Tom Smith said the timing was perfect.
"Other developers in the past took a look at it and passed on it, but we stayed with it," Smith said.
Kansas City, Kan., Mayor Joe Reardon is thrilled that after 25 years, the community is finally getting a new high quality apartment complex.
"Our strategy has been to do the quality multi-family housing to support the jobs that are already out in this area and the thousands of Cerner jobs that are coming,” Reardon said. “It's a great day for all of us."
The apartments should be ready to rent by spring 2013. There will be one, two and three-bedroom units for rent starting at $900.
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