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Cordish Launching Multifamily Projects in KC’s Power & Light District

The Cordish Companies said its $140-million Three Light Luxury Apartments would commence construction this May in the Power & Light District in downtown Kansas City, MO. Construction on the conversion of the historic Midland office building nearby into the 139-unit, affordably priced Midland Lofts will begin this summer. Three Light’s predecessors, One Light and Two Light Luxury Apartments, have remained 95% occupied throughout the pandemic.

Nick Benjamin, executive director of the Power & Light District and managing director of multifamily development for Cordish, called the projects “a sign of new growth and energy downtown following an incredibly challenging year. Each of these projects will be an important step forward in getting back to the business of downtown’s renaissance and will create over a thousand new construction jobs.”

Three Light is slated for completion in May 2023. Cordish expects to complete renovations of the Midland Office Building in late 2022.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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