KANSAS CITY, Mo. — Port KC’s Board of Commissioners approved a resolution Monday for a nearly half-million-dollar development in downtown Kansas City.
The resolution approved the issuance of $480 million in bonds and authorized a memorandum of understanding with developer 800 Grand KCMO LLC in connection with the development of 800/818 Grand Blvd.
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As part of the project, the historic Scarritt Building will be transformed into a 167-key UMusic-branded destination hotel.
The development will also include a landmark residential tower, 319 multi-family residences, 28,000 square feet of ground-level retail – as well as a 1,400-seat music and entertainment venue.
“The 800 Grand project represents a significant investment in Kansas City’s urban core, pairing historic preservation with bold new construction,” said Jon Stephens, president and CEO of Port KC.
“Saving the Historic Scarritt Building is vital to the Grand corridor and our greater downtown. This development aligns with Port KC’s mission to attract catalytic growth and sustainable economic vitality to our city.”
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The development will be constructed in two phases over five years.
For more information about Port KC and updates on the 800 Grand development, visit portkc.com.
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