LAND FOR SALE INDIVIDUALLY

OR AS A PORTFOLIO

30th & Troost, Kansas City, Missouri 64109

3005-3009 Harrison

o 27,555± SF

o Zoned R-0.5

o For sale at $28,000

($1.02/SF)

3009 Troost

o 14,496± SF Fenced

o Zoned B4

o For sale at $30,000

($2.07/SF)

MAX (bus rapid transit) line

Empowerment & Enterprise

Zones

Longfellow neighborhood

north of 31st Street near

KCPD Central Patrol

Headquarters, Operation

Breakthrough, Nazarene

Publishing House, Hospital

Hill, Beacon Hill & proposed

Legacy Crossing

redevelopment district

NEAR BEACON HILL REDEVELOPMENT AREA

Susan Scott ׀ 816.668.7276 ׀ sscott@gpattersonassoc.com

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Radius 1 Mile 3 Mile 5 Mile

Population

2020 Projection 14,197 117,820 238,271

2015 Estimate 13,746 115,472 233,683

2010 Census 12,407 110,335 227,497

Growth 2015 - 2020 3.28% 2.03% 1.96%

Growth 2010 - 2015 10.79% 4.66% 2.72%

2015 Population by Hispanic Origin 1,106 16,083 50,785

2015 Population 13,746 115,472 233,683

White 5,324 38.73% 53,160 46.04% 132,130 56.54%

Black 7,680 55.87% 54,367 47.08% 84,559 36.19%

Am. Indian & Alaskan 101 0.73% 912 0.79% 2,238 0.96%

Asian 261 1.90% 3,357 2.91% 7,520 3.22%

Hawaiian & Pacific Island 2 0.01% 206 0.18% 376 0.16%

Other 379 2.76% 3,471 3.01% 6,860 2.94%

U.S. Armed Forces 0 40 85

Households

2020 Projection 7,033 54,539 99,974

2015 Estimate 6,797 53,468 98,039

2010 Census 6,087 51,187 95,416

Growth 2015 - 2020 3.47% 2.00% 1.97%

Growth 2010 - 2015 11.66% 4.46% 2.75%

Owner Occupied 2,160 31.78% 19,141 35.80% 45,196 46.10%

Renter Occupied 4,636 68.21% 34,327 64.20% 52,843 53.90%

2015 Households by HH Income 6,798 53,467 98,041

Income: <$25,000 3,324 48.90% 22,068 41.27% 37,350 38.10%

Income: $25,000 - $50,000 1,506 22.15% 15,162 28.36% 27,390 27.94%

Income: $50,000 - $75,000 755 11.11% 7,051 13.19% 13,143 13.41%

Income: $75,000 - $100,000 447 6.58% 3,924 7.34% 7,957 8.12%

Income: $100,000 - $125,000 300 4.41% 2,019 3.78% 4,051 4.13%

Income: $125,000 - $150,000 156 2.29% 1,157 2.16% 2,374 2.42%

Income: $150,000 - $200,000 137 2.02% 794 1.49% 2,357 2.40%

Income: $200,000+ 173 2.54% 1,292 2.42% 3,419 3.49%

2015 Avg Household Income $45,593 $47,110 $53,117

2015 Med Household Income $25,908 $30,627 $33,023

Demographic Summary Report

3009 Troost Ave, Kansas City, MO 64109

Copyrighted report licensed to Greg Patterson & Associates, Inc. - 85082.12/18/2015

Page 1

New Development Helps Restore the Beauty and Prosperity of Historic Troost Avenue

Troost Avenue is a Kansas City landmark with a long and varied history. It was named for Dr. Benoist Troost, one of the founders of Kansas City and the first resident physician in the area. Dr. Troost was also one of the trustees who governed the Town of Kansas, which would eventually become Kansas City, was one of the founders of the city’s Chamber of Commerce, and was involved in publishing the city’s first newspaper, the Kansas City Enterprise.

From 1865 to 1912, Troost was home to Millionaire’s Row. Sprawling mansions housed some of the wealthiest individuals in the area, including the “richest man in KC,” L.V. Harkness.

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Millionaire’s Row

Troost boasted two world-class theaters, the Isis and the Apollo. The Apollo was one of the first family film theaters, dating back to 1911. Walt Disney lived not far away from 1911 to 1923, and his first office as a freelance illustrator was at 3241 Troost.

31st/ Troost Avenue 1929

For those who mostly remember the last few decades of Troost’s history, this kind of heritage may be difficult to imagine, but major new development along Troost is helping to restore this landmark thoroughfare to its former glory. Anchored by the Beacon Hill neighborhood to the north and Plaza East to the south, the Troost developments include infrastructure improvements such as new sidewalks, streetlights, curbs and gutters, and pavement for on-street parking, thanks to the city of KCMO. There will also be a three-block landscaped walking path linking Beacon Hill to Hospital Hill.

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Beacon Hill is one of the crowning jewels of the new Troost Avenue, with construction underway on student housing for the UMKC Medical and Dental School, a $26 million project that will house 245 students, along with supporting retail development and single family homes. Five new single family homes have been constructed in the past year, with another 6 planned or under construction for this year. A historic building on 27th Street between Tracy Avenue and West Paseo is being restored—along with four new ones being built that keep the neighborhood’s historic character intact—to house a 30-unit apartment complex called the Colonnades, while Beacon Park Townhomes on the Paseo has already been completed with 45 units and a two year waiting list for new residents.

EDC and LCRA have played a significant role in recent developments in Beacon Hill. Since 2011, EDC has been under contract with KCMO to manage developments and handle properties that came back as the result of the ending of the federal Receivership. In cooperation with the City, EDC and LCRA have handled the transfer of over 350 parcels of property, and managed the developments that are now underway. Because of this unique partnership, the 8 year long federal Receivership ended in 2013, clearing the way for more progress.

One of the great advantages of increased residential development in Beacon Hill is its location. Just minutes away from everything—whether it’s historic 18th & Vine, Hospital Hill, or downtown KC—it also boasts a breathtaking view of the Kansas City skyline.

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Just a few blocks down Troost from Beacon Hill, the De La Salle Education Center at 37th and Troost is a tuition-free charter high school serving urban students in need of an alternative to the traditional school environment. A $6.2 million expansion will provide 18,000 square feet of additional classrooms and facilities, provide 10 new jobs for highly qualified teachers, expand the school’s library by 5,000 books, and allow them to serve an additional 100 students.

At 47th and Troost, Ollie Gates of Kansas City’s famous Gates Bar-B-Q is continuing his plans to bring economic development to the east side of Kansas City with a new 30,000 square foot shopping center. While it may not quite be Millionaire’s Row just yet, all up and down Troost Avenue, you will see economic, residential, and commercial developments returning to the formerly-beleaguered

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avenue that has been such a focal point of so much Kansas City history.

47th and Troost, KCMO

On March 10th, volunteers gathered to plant thousands of tulip bulbs along Troost, in honor of the street’s namesake, who was an immigrant from Holland. The tulips not only serve as a reminder of Troost’s vibrant history, but also as a promise of the future for this iconic Kansas City avenue.

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Neighborhoods collaborate on reimagining Troost Avenue and rebuilding the urban core

Area residents mingled around a playful rendering of Troost Avenue during a reception on Thursday. | STEVE PAUL The Kansas City Star

BY STEVE PAUL

The Kansas City Star

A powerful sense of community rippled through a midtown art studio Thursday night. It

didn’t take long to realize that an urban rebirth was well under way — and on Troost

Avenue of all places.

Yes, that longtime Kansas City symbol of racial division, blight and civic neglect is

undergoing a transformation, and this gathering of neighborhood leaders and residents

served as the onramp to a new era.

More than 100 people mingled in Cathryn Simmons and Lori Buntin’s Hoop Dog Studio,

3308 Troost Ave., at least in part to celebrate a grassroots collaboration in city planning

and community building.

For many in the room, the energy was uplifting.

“We’re so excited to be in the area,” said Mike Stofiel, a young architect who with his wife

has been rehabbing a 100-year-old home on Tracy Avenue in the Squier Park

neighborhood nearby. “Things keep gradually improving.”

The momentum has followed a series of comprehensive planning studies and the overhaul

of the city’s zoning ordinance in 2011. As part of the long-range Troost Corridor

Redevelopment Plan, the Troost Neighborhood Coalition worked toward creating an

“overlay district” to amend the zoning code and put in place smart approaches to land use

and development. An end to anything-goes zoning along Troost was a pre-requisite for

reversing decades of deterioration and for imagining the potential of progress.

With the overlay district established, the neighborhoods now are on a path to develop

appropriate design guidelines — not too strict and not too loose. The coalition leaders

invited attendees to participate in meetings and workshops in the coming months to devise

the standards, aiming for completion in July.

“This is an opportunity to build a neighborhood street,” Simmons told the group, explaining

that Troost should no longer be an ill-defined route to somewhere else.

From new housing for UMKC medical students to residential initiatives like the Bancroft

School renovation to a commercial redevelopment at Cleaver Boulevard, the revival signs

emerged more frequently in the Troost corridor north of Brush Creek. Attention is being

paid, and enthusiasm among the coalition’s member neighborhoods certainly was palpable

Thursday night.

Photos of the streetscape, vacant lots and current buildings covered two walls of the

studio. Color swatches suggested how design themes can develop. A three-dimensional

model of the street invited people to imagine how transformation can occur.

“Design guidelines can be detailed or expansive,” said Diane Binkley, a city planner who is

helping the neighborhood groups through the City Hall process. “We don’t want to hinder

development but we want to make sure that we get quality.”

It’s important to recognize that neighborhoods both east and west of Troost are bridging

the longtime community divide, which led Buntin to imagine a multicolored fabric wall-

hanging featuring a thick closed zipper.

“For too long we’ve waited for this to happen,” said Seft Hunter, president of the Historic

Manheim Park Neighborhood. But instead of waiting for someone else to do it, he said,

now a diverse array of individuals and groups are recognizing they can make positive

change occur. And younger creative adults, like Stofiel, are realizing that the old history of

Troost is not an impediment to establishing residential vibrancy east of the street.

“This is really what community planning should be about,” said Jeff Williams, the city’s

planning director.

Troost still has plenty of eyesores, but the balance is tipping toward the belief that it

presents many newfound opportunities. It’s encouraging that people are taking

responsibility and rolling up their sleeves. And another good sign that the heart of Kansas

City is on the mend.

Steve Paul, editorial page editor: 816-234-4762, paul@kcstar.com; on Twitter: @sbpaul.

STEVE PAUL Read more here: http://www.kansascity.com/opinion/opn-columns-blogs/steve-paul/article16487825.html#storylink=cpy

KCMO, LCRA Beckon Developers to Beacon Hill

Bob Mayer, Arrow Commercial Realty, and Stuart Bollington, Deputy Director of Housing Services

for the Neighborhoods & Housing Services Department of the City of Kansas City, Missouri.

The largest urban residential development sits in the heart of Kansas City, Missouri, waiting for a breath of fresh life

from a developer who will take a chance on an often overlooked part of the city. The neighborhood -- bordered on the southwest side by 27th and Troost Avenue and Highway 71 to the northeast -- has seen momentum build over the last

few years. In fact, homes worth more than $300,000 are being built in the neighborhood. But a few eyesores remain. That's where the City of Kansas City, Missouri is stepping in, looking to attract and incent the right developer to

take a chance on a few redevelopment opportunities.

The Land Clearance for Redevelopment Authority (LCRA), in partnership with the Beacon Hill Developers L.C. and City of KCMO are looking for a sub-developer for a high-quality residential/commercial project at 27th and

Troost.

Beacon Hill existing master plan.

Stuart Bollington, deputy director of housing services for the Neighborhoods & Housing Services Department, laid out the parameters for the RFQ/RFPs at a recent gathering of KCRAR Commercial members.

Guidelines set forth for interested developers note that the area is under-retailed, despite its central location and relatively high population density. City officials believe the regional employment clusters in the area - Crown

Center/Hospital Hill, the Central Business District and the Crossroads Arts District - act as a stabilizing force that

strengthens the area. The neighborhood is also served by two transit lines.

These three properties/parcels are available for redevelopment. The city has proposed three ideal scenarios

where these properties are turned into a mix of uses including single- and multifamily housing, retail and public spaces.

Specific parcels and/or properties ripe for redevelopment include the following:

A 4.056-acre vacant lot bordered by Troost to the west, Forest to the east, 27th street to the south and

26th street to the north. This site is currently zoned for a 45,000-square-foot commercial development; A URD site plan amendment will be required for any proposal that deviates from this plan.

Another vacant lot at 2701 Troost Ave. is available and measures .34 acres, or 15,156 square feet.

The former Alana Apartment Hotel, located at 2700 Troost. The 11,345-square-foot two-story building is

designated for mixed-use and is eligible for historic tax credits. The parcel size is .34 acres and the building is currently unused.

The city has set forth a number of ideal scenarios for the properties, all of which incorporate single-family and multifamily housing, added retail, new parking, and some element of mixed-use. The city also identified urban

design principles to which it would like to see new projects conform. These principles include human-scaled streets, more types of housing options, efficient parking, mixed-use opportunities, public space for shared or

temporary uses, active streets and facades, and alley vehicle access.

A rendering of a potential redevelopment scenario at 27th and Troost in the Beacon Hill neighborhood.

"To make mixed-use redevelopment at 27th and Troost work, design features should be included that enhance the public realm and foster a sense of place," the RFP says. "A primary goal... is to encourage the creation of new

public spaces and pedestrian-oriented streets."

Applications are due December 18. The selection process will be a single review and award process by a Selection Committee consisting of representatives from the Master Developer (BHD), City, EDC/LCRA staff, and

neighborhood stakeholders, with the selected firm(s) subject to a development agreement with specific benchmarks according to design standards approved by the Neighborhood Design Review Committee, and in

conformance with the 353 Plan.