Developers are planning a 300-unit luxury apartment complex in Raymore

An Indiana developer plans to break ground on its third Kansas City-area apartment community.

The Depot will see Terre Haute-based Thompson Thrift Residential build 300 Class A apartments on 21 vacant acres northeast of Dean Avenue and Johnson Drive in Raymore, south of Sam’s Club at the Raymore Galleria shopping center.

The project includes nine three-story buildings with 120 one, – 156 two- and 24 three-bedroom apartments on average just under 1,000 square feet. The developer aims to welcome new residents starting in the spring of 2024.

Depot rent will range between $1,200 and $1,800, officials said last year. Amenities will include a professionally decorated clubhouse, 24-hour fitness center, resort-style pool and dog park.

“The suburbs south of Kansas City have seen impressive job and population growth in recent years,” Josh PurvisManaging partner for Thompson Thrift Residential, said in a release.

“There is strong demand for multifamily rental options, and The Depot will provide a luxurious living experience with easy access to the area’s major employers as well as a variety of retail and dining options.”

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