Houston-based fund leads effort to restore KC’s iconic Garment House with $3.2M already invested
January 14, 2025 | Startland News Staff
A strategic investment in Kansas City history is expected to bring new purpose to a downtown building known locally as The Garment House — creating what developers envision as an eclectic, but contemporary experience.
Revitalization Unlimited — a fund dedicated to preserving historically significant U.S. real estate and legacy industrial businesses in local communities — recently announced its latest investment effort in Kansas City: a multimillion-dollar deal with 10 Broadway, LLC, the property owner of The Garment House, which shuttered during the pandemic.
A historic Garment House as seen in a photo dated 1950 within the Robert Askren Photograph Collection at the Kansas City Public Library
The Houston-based fund already has committed $3.2 million to the restoration with an additional $3 to $4 million allocated for renovations. The iconic building at 1000 Broadway was once a thriving hub of clothing-related businesses and key piece of Kansas City’s famed Garment District, which made KC the epicenter of fashion in the early to mid-20th Century.
(The Garment House’s most recent incarnation was billed as a “multi-level entertainment district with a speakeasy, made-from-scratch restaurant, arcade, and live music venue all under one roof.” It closed in 2020.)
Plans for the building include modern upgrades and the creation of a diverse tenant mix featuring restaurants, bars, catering services and entertainment venues. Targeted rents are projected at $20 per square foot (full service), with $1 million in tenant improvement allowances available for qualifying tenants.
Revitalization Unlimited — in collaboration with 10 Broadway, LLC and Haith & Company, Inc., a commercial real estate brokerage in Overland Park — remains committed to investing in properties with strong growth potential and high returns on investment, said Dustin Webber, COO of the fund.
“This partnership demonstrates our ability to bring the capital, expertise and determination required to make timely and transformative investments,” he added.
Kansas City’s commercial real estate market presents strong growth opportunities, Webber said, noting the partners on the project are positioning The Garment House to capitalize on that upward trajectory — while adhering to Revitalization Unlimited’s steadfast commitment to safeguarding America’s historic assets and creating lasting value for investors and local neighborhoods alike.
“This project will help preserve Kansas City’s heritage while providing a vibrant, modern experience for the community,” added Josh Haith, managing principal of Haith & Company.
2025 Startups to Watch
stats here
Related Posts on Startland News
Google Fiber opens business, consumer signups in Olathe
Google on Tuesday opened signups for Google Fiber throughout eastern Olathe. Residents and businesses of 13 “fiberhoods” can signup now through Sept. 24 for Google Fiber’s services, which include Gigabit, Gigabit + TV, Basic Internet or the small business service. The company Google Fiber launched their small business service in Kansas City in 2014. With…
TEDx ‘breaks through’ in Wyandotte County
This year, TEDxWyandotte seeks to break down barriers in their urban community. Wyandotte County, Kan., a community known for its diversity and urban challenges, is currently in a state of transition. The county as a whole is working towards neighborhood and school improvements, ultimately hoping to claim a new position in the Kansas City metropolitan.…
KC firm Handy Camel raising $600K for invention workshop
What do sheep farming and innovation have to do with one another? Quite a lot, if North Kansas City-based Handy Camel is any indication. Since he was a boy, Handy Camel CEO Tom Gray has fostered an innovative ethos, creating a number of doodads to make his work easier as a sheep farmer in New Zealand.…
Rawxies founder: ‘I didn’t give up’ on fundraising in KC
Vegan snack manufacturer Rawxies is en route to closing a funding round that will significantly increase its production. The Kansas City-based company has now raised $512,000 of its seed round, which will boost manufacturing of its raw, vegan snacks by roughly 400 percent. Investors thus far include England’s family, Liz and Brian Kelly, the Women’s…