Multifamily Housing

Developer plans to convert historic Kansas City high-rise to mixed-use with 55 new apartments

Editor's note: This is a sponsored article. All text and images were provided by the sponsor company. An $18 million redevelopment proposal would convert a historic Kansas City high-rise into a commercial/residential property. The Sweeney Building, a 10-story structure that once housed a trucking school, would have the upper five floors converted to 55 apartments.
July 15, 2013
66fb1667691396580e4b9f47 Sweeney1

Editor's note: This is a sponsored article. All text and images were provided by the sponsor company.

 

An $18 million redevelopment proposal would convert a historic Kansas City high-rise into a commercial/residential property. The Sweeney Building, a 10-story structure that once housed a trucking school, would have the upper five floors converted to 55 apartments.

The building is currently 45% occupied with tenants including a kitchen design store and the Associated Press. The current tenants would be encouraged to stay on. The developer plans to have the building listed on the National Register of Historic Places, which would make the project eligible for historic tax credits.

(http://www.kansascity.com/2013/07/10/4338505/plan-to-renovate-old-sweeney-building.html)

About the Author

Drew Ballensky

Drew Ballensky is general manager of Duro-Last Roofing, Inc.’s central U.S. facility in Iowa and company spokesman for Duro-Last’s cool roofing, sustainability and architectural education programs. He is past-president of the Chemical Fabrics and Film Association and chairman of CFFA’s Vinyl Roofing Division. Drew earned his bachelor’s degree in industrial technology from the University of Northern Iowa and master’s degree in business administration from Florida State University. Drew has over 29 years experience in business and industry in various engineering and managerial capacities. He has worked in the U.S. and Canadian operations for a major international manufacturer of pre-engineered steel buildings, was a financial analyst with a major athletic apparel manufacturer and was an owner of a general contracting company.
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