Indianapolis-based Milhaus, one of the Kansas City area’s most active multifamily developers, broke ground on its 10th local project.
The complex will be on a 9.34-acre site in the One North mixed-use development in North Kansas City, which spans about 64 acres southeast of Interstates 29/35 and Armor Road. $58 million multifamily community will have 275 units in several three- and four-story buildings.
In August, the Kansas City Council authorized up to $52.75 million in bonds, providing sales tax exemptions on construction materials for apartments.
“Watching Downtown KC grow over the years and begin to expand into nearby neighborhoods has been both fun to watch and thrilling to participate in,” Milhaus Vice President of Development. John McGurk said in a release. “North KC is establishing itself as an ideal neighborhood close to the city, and Milhaus is proud to support the growth and resurgence of rich and amenity-rich communities in the growing KC region.”
Amenities will include a coffee and tea bar, yoga studio and swimming pool. The complex will also include 451 parking spaces, including 24 covered garage stalls.