The nonprofit RideKC Development Corp. recently picked Live and Ride Partners KC LLC — which includes Edgemoor Infrastructure & Real Estate, Community Builders of Kansas City and Parson + Associates — through a request-for-proposals for the Kansas City Area Transportation Authority's former transit center site southwest of 10th and Main streets...
Although multiple project variables remain fluid, Live and Ride Partners KC proposes a transit-oriented development in partnership with RideKC and KCATA, envisioned in excess of 20 stories and $100 million...
...The team also contemplates about 30,000 square feet of office over two or three levels, meant to serve as regional headquarters for KCATA and RideKC. The floors above would have around 200 market-rate, workforce and affordable apartments.
The KCATA has dropped an ambitious high-rise proposal at 10th and Main and is dissolving its transit-oriented development arm, RideKC Development Corp., an agency with a spotty track record.
Commissioners recently approved ending a contract with Live & Ride KC. The development group had proposed a 20-story mixed-use tower at the former transit center at 10th and Main owned by the KCATA.
“Currently, we cannot overcome the funding gap of $10 million,” KCATA spokeswoman Cindy Baker said in an email. “With the gap in funding, it was decided not to extend the agreement and to keep the property for now.”
