$11M renovation in the works for historic hub of Black entrepreneurship; project ties into 18th Street pedestrian mall plans

May 9, 2024  |  David Scott

The historic Lincon Building at 1601 E. 18th St., KCMO; photo by Taylor Wilmore, Startland News

Editor’s note: The following story was originally published by AltCap, an ally to underestimated entrepreneurs that offers financing to businesses and communities that traditional lenders do not serve.

For more than one hundred years, the Lincoln Building has served as a cornerstone of commerce and community in the 18th and Vine district.

Henry C. Service, CEO of The Service Law Offices of Kansas City and owner of the Lincoln Building; photo by Bobby Burch, AltCap

The historic district — known worldwide for its early influences on Jazz — began in 1879 and became a vital economic hub for Black entrepreneurs and community leaders in segregated Kansas City.

“The building means a lot to me,” said Henry C. Service, CEO of The Service Law Offices of Kansas City and owner of the Lincoln Building. “It represents what the African American community can do if given some breaks and opportunities to thrive.”

Service purchased the building in 2017 and plans to preserve its legacy as a nucleus of community connection and Black entrepreneurship.

“As the area gentrifies, I hope to be able to provide a central location for businesses that traditionally operated out of the building throughout the Jazz District’s history,” Service said.

The Lincoln building, built in 1921, was a cornerstone of 18th and Vine commerce. On its ground floor, it housed the Lincoln Furniture Company and Matlaw’s, a men’s clothing store. In addition to office space, the building also hosted Lincoln Hall, a music and dancing venue. Later, in the 1940s, the Kansas City Monarchs baseball team set up offices in the space.

 Over the years, many Black Kansas Citians leveraged the district as a safe space to build businesses and a new way of life in the face of segregation.

 “I purchased the Lincoln Building as an investment, to preserve it for the community that traditionally relied upon the building as a safe and affordable place to do business,” Service said, who plans to renovate the restaurant on the corner of 18th and Vine Streets into an entertainment venue.

Others used the Lincoln Building to fight segregation, including Thurgood Marshall, who operated out of the NAACP offices in the building during the 1951 legal battle to desegregate the Swope Park Pool. Marshall would later make history in 1967 as the first Black person to serve as a Supreme Court Justice.

Service is now working diligently on an $11 million renovation of the Lincoln Building.

In addition to refreshing the space with artwork and modern amenities, the remodel will accentuate the building’s historical attributes, including its light-filled entryway and exposed staircase. He also plans to create a coworking space to reestablish the Lincoln Building as a convenient, central location for entrepreneurs.

Check out the gallery below to see what the space will look like.

Service said the renovation should be completed in the summer of 2025 and will tie in nicely with another large development for the area: the 18th Street Pedestrian Mall. The $5.4 million project will reduce car use in the district, make it easier for pedestrians to move around and create more flexibility for events and markets. The plans aim to make more community assets accessible, including the Negro Leagues Baseball Museum, the American Jazz Museum and the historic Blue Room jazz club.

A rendering of the 18th Street Pedestrian Mall

Service added that he supports the project and the vision to re-vitalize it.

“It is a welcome change in the investment strategy for the area,” Service said of plans for the pedestrian mall. “We support it whole heartedly because it will bring a new look and utility to the area.”

Many lenders do not look favorably at the Jazz District as compared to other growing neighborhoods in the Kansas City metro, Service said.

Despite an excellent credit rating, money, and equity, Service encountered barriers to business financing to fund his plans with the Lincoln Building. He eventually secured a loan with AltCap which was helpful as he waited for other funding sources to come through, including tax credits.

“Working with AltCap on my loan was good. The process was seamless and easy to negotiate,” Service said. “I was always able to speak with the people helping with the loan, and the folks were always friendly and compromising.”

Only a generation away from laws restricting Black entrepreneurs from accessing capital, Service said he hopes lenders will reconsider their approach to supporting entrepreneurs in the 18th and Vine district.

“This community needs the money,” Service said.

AltCap is a Community Development Financial Institutions Fund (CDFI) offering flexible, patient capital that meets the unique needs of each entrepreneur and local investment. It operates in Kansas, Missouri, Colorado, Nebraska, Texas and California.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged ,
Featured Business
    Featured Founder

      2024 Startups to Watch

        stats here

        Related Posts on Startland News

        KC tattoo culture inked on ‘Maker Nation Challenge,’ paying homage to legendary Grimm family

        By Tommy Felts | December 22, 2023

        A new streaming TV series left its mark on a legendary Kansas City tattoo artist after the first of two challenge episodes featuring local entrepreneurs and creatives debuted — showcasing KC’s top tattoo talent tussling without drawing blood.  “It was the best party I’ve been to all year. I had such a great experience,” said…

        If support for LGBT employees doesn’t seem obvious, this new chamber leader would like a word 

        By Tommy Felts | December 22, 2023

        Kansas City’s LGBTQ+ community shouldn’t have to face its battles alone, said Tracey DeMarea, emphasizing the impact of allyship and the growing need for stronger support from the region’s business community — regardless of whether a company considers itself LGBT-owned. “Equity isn’t just an issue for businesses that know they have LGBT leadership or employees,”…

        Veteran brewer pulling double shift with purchase of neighboring Crossroads taphouse, brewery

        By Tommy Felts | December 22, 2023

        Purchasing a nearby brewery in the Crossroads Arts District will help Pat Mitchell boost beer production and distribution in Missouri and Kansas, as well as expand a community of support for U.S. military veterans and especially former service members who’ve become entrepreneurs.  Mitchell, founder and owner of Red Sash Brewing, and longtime family friend Ryan…

        Anchor Island pours into coffee shop’s potential with unique investment round

        By Tommy Felts | December 19, 2023

        A crowd-funded investment opportunity through HoneyComb Credit would allow customers to help a Troost Avenue coffee shop enhance its kitchen equipment and expand the Anchor Island Coffee brand’s popular menu. Franchising and a liquor license could also be on the horizon. “We need support for the vision that we have, the product we serve, and…