Recent land activity and property records show that The Cordish Cos.’ The plan for the Four Light luxury apartment tower has zeroed in the parking lot next to the B & B Cinema in Downtown.
The lot northwest of Main Street and Truman Road has for many years been designated in city agreements – and by Cordish officials – as the top candidate for the Baltimore-based company’s fourth residential tower.
In late July, passers-by saw workers drilling to test the soil at the site. August 5, the Cordish entity that owns a 0.49-acre portion of the 0.81-acre parking lot is divided into filed a name change – from Kansas City Surface Lot 138 LLC to Block 138 Residential LLC, state business filings show.
Four days later, ownership of the rest of the lot moved to Block 138 Residential LLC from a different Cordish entity, Kansas City Live Block 138 Retail LLC, according to Jackson County property records.
The effort for Opat Cahaya is in the early stages, he said John Moncek, president of Cordish’s Kansas City Power & Light District. The company’s focus is to complete Three Light, a 26-story, 288-unit high-rise slated for a September 2023 opening across from the theater, northeast of Main and Truman.