Promise Place Transit-Oriented Community Development
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Promise Place

Promise Place Multi-Building TOCD Site

Promise Place: Affordable Housing Meets Rapid Transit

Project At a Glance

Location 45th & Olive
Current Status Passed

Responding to the demand for more affordable housing in Kansas City, Missouri's urban core, the project team is delivering 101 units at 30% or 60% of Area Median Incomes.  What's equally important is providing more residents with improved access to transit and mobility options.  The project is sited within one block of RideKC's Prospect MAX route, which offers riders efficient transportation between downtown and 75th Street.  The facility will also include bike storage for residents alongside dedicated vehicle parking, pedestrian paths between buildings, a community room, and on-site property management offices.

Development & Construction Impact

Transit Infrastructure Benefits

Transit-Oriented Development with proximity to Bus Rapid Transit and facilities for vehicle parking, bike storage, and sidewalk enhancements for transit access

Sidewalk Enhancements

Yes

Additional Benefits

Walk Score: 81; Bike Score: 76; Transit Score: 100

40 bike storage units

Expanded WiFi

Onsite community center with kitchen, fitness center & property management.

Total Project Cost

$32,946,000

Total Number of Housing Units

101

Economic Impact

Additional Benefits

Activating underdeveloped & non-taxable church owned property

Municipal Jurisdiction

Kansas City, MO 3rd District

Traffic Congestion

Reduced due to multiple modes of transportation (KC Streetcar, RideKC Bus, bike)

Ridership Projections

114,282 to 158,003 per year

Short-term Economic Impact:

Improving housing opportunities for the 55% of area residents whose incomes are less than $25,000 per year.  Strategically activates unused land to address housing demand.

Long-term Economic Impact:

Almost 80% of area residents start or end their travel using public transit primarily for access to retail, housing and jobs.

Participating Organizations

KCATA: Finance Partner and TOCD Consultant
Government: KCMO Housing Trust Funds; Central City Economic Development (CCED) Sales Tax District
Developer: Vecino Group / The Nash Group, LLC
Architect: Vecino Group / The Nash Group, LLC