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Arnold Development Eyes $224.9M Remake of Hardesty Federal Complex
Arnold Development Group looks to repurpose more than 1 million square feet of existing buildings with affordable housing and community-oriented uses in the Historic Northeast neighborhood, reported the Kansas City Business Journal.
The Kansas City developer has targeted a large-scale renovation of the 12-story Hardesty Self Storage building at 5401 Independence Avenue, as well as several surrounding two-story structures within the former Hardesty Federal Complex. The City Council last month cleared City Manager Brian Platt to enter a predevelopment agreement with Arnold, creating a framework for incentive requests and construction timelines for an estimated $224.9 million phased project across 22 acres southeast of Hardesty and Independence avenues.
Plans for the Northeast Market District include 587 mixed-income apartments, a 30,000-square-foot daycare facility, 41,000 square feet of retail space, a 19,000-square-foot indoor food hall, a 9,000-square-foot fitness center, a 5,000-square-foot health clinic, a farmer’s market, and a food truck plaza. Hardesty Self Storage was originally built in 1919 as the National Cloak & Suit Co. building.

