Mac Properties plans four-corner food startup village at Armour and Troost

October 18, 2017  |  Tommy Felts

Mac Properties’ Kansas City arm wants to turn a “sleepy intersection” on Troost into a four-corner incubator for thriving residential and restaurant activity.

The vision is to create a “food startup village” as the foundation of the development, which would bring 400 new market rate apartments to Armour Boulevard and Troost, said Peter Cassel, director of community development at Mac Properties.

“For us, the most critical, transformative component is the opportunity to build approximately 20,000 to 30,000 square feet of retail at the ground floor, which is really about creating a new place where Kansas City could come to eat and play,” he said.

Set to open in summer 2019, the project is still in the schematic design phase, but Mac Properties is planning for a series of small-shop retail sites where the developer could build out the spaces to lower the costs of entry for food, beverage and other startups, Cassel said. The idea is to get new businesses started by reducing upfront costs, he said.

“This could be an area where people from east and west of Troost come to gather together,” he said. “Troost has been such a dividing line that we’d like to see it as a gathering place — not only getting local neighborhood people to come, but also thinking of it as a citywide destination, like some of the bars and restaurants in the Crossroads or Martini Corner have been.”

[pullquote]

Check out the rest of Startland’s six-part series on new development on Troost Avenue, a historic racial and economic barrier in Kansas City.

Part I: Transforming Troost
Part II: Troost Coalition
Part III: Wonder lofts
Part IV: Back to Troost
Part VI: Troost Collective

[/pullquote]

Ideally, the development would feature eight to 10 startup restaurants that could use the space to test and prove out their concepts before potentially growing large enough to move to full-sized restaurant spaces elsewhere, Cassel said.

“As young people come to the city, we think this node at Armour and Troost could be a really important starting place for many of them,” he said.

The project is an extension of Mac Properties’ existing efforts along Armour, which already have seen the development 2,000 apartments in about 30 buildings between Broadway and Troost, Cassel said.

Knowing the intersection of Armour and Troost is a vital node for development along the corridor, members of the Troost Coalition — which crafted a zoning overlay for the area and has some regulatory oversight for development — were thrilled when they learned Mac Properties planned to develop all four corners, said founding member Cathryn Simmons.

“You could’ve knocked most of us over with a feather,” Simmons said. “But we had to say, ‘Because we love it doesn’t mean we’re going to give them an inch of ground.'”

Simmons is proud to see a developer with an established Kansas City footprint punching through Troost with an ongoing push east toward the Paseo, she said.

“If you look at what Mac Properties has already done on Armour, they’re on top of it,” she said. “They don’t let anything go to chance, so that makes us feel good.”

[divide]

Check out the rest of Startland’s six-part series on new development on Troost Avenue, a historic racial and economic barrier in Kansas City.

Part I: Transforming Troost
Part II: Troost Coalition
Part III: Wonder lofts
Part IV: Back to Troost
Part VI: Troost Collective

Tagged , , , , ,
Featured Business
    Featured Founder
      [adinserter block="4"]

      2017 Startups to Watch

        stats here

        Related Posts on Startland News

        RECAP: 1 Million Cups panel offers decision-making advice

        By Tommy Felts | June 3, 2015

        Three entrepreneurs took the stage at 1 Million Cups this week to offer advice on navigating the tough world of entrepreneurship. Alex Altomare, co-founder of BetaBlox, Linda Buchner, co-founder and president of Minddrive, and Ben Kittrell, co-founder and CTO of Doodlekit, all spoke about the variety of hard choices entrepreneurs face. On handling tough decisions……

        Sprint Accelerator startup raises $85K (and counting)

        By Tommy Felts | June 3, 2015

        Hidrate, a startup at the Kansas City-based Sprint Mobile Health Accelerator, rapidly surpassed its fundraising goal before a pitch to investors and nearly 2,000 Kansas Citians. The Minneapolis-based company’s Kickstarter campaign has already raised nearly $85,000 in two days, which more than doubles its goal to fundraise $35,000 in 42 days. Hidrate created a Bluetooth-enabled water bottle that tracks…

        Sprint Accelerator Demo Day preview (part III)

        By Tommy Felts | June 3, 2015

        The second class of the Sprint Mobile Health Accelerator is gearing up for its much-anticipated Demo Day, which serves as a culminating event and is expected to draw a crowd of nearly 2,000 people. Led by Boulder-based Techstars, the Kansas City-based accelerator is now hosting 10 mobile health tech startups from around the world for its…

        KC finance tech firm Lending Standard nabs nearly $500K

        By Tommy Felts | June 2, 2015

        Kansas City-based Lending Standard recently raised nearly $500,000 to further develop its software and hire additional employees. The financial tech company snagged the funds from regional investors, and with it has hired two additional technical staff, bringing its total headcount to eight people. Lending Standard created a platform on which organizations can receive and collaborate…