« Denver begins public bicycle sharing program | Main | Door-to-door dog licensing? Wasting resources, wasting time, & KCMO continues to make contentious relations with citizens »

April 30, 2010



Toellner, I know about as much as you on this project (mostly because I read your post and 12th&Main's). While I am all for redevelopment, certainly along Broadway, I get a little concerned about redevelopment projects that target such a narrow portion of the population. I presume that this development is likely to be for seniors with limited incomes.

Going off of your earlier posts about Armour, wouldn't having income limitations in this context invite many of the similar problems experience in your neighborhood, though perhaps on a lower scale? Or am I off base?


I don't love the vertical segregation for seniors -- but these projects don't bring with them the same types of problems that the non-senior ones bring. Let's face it, when it comes to crime in this city, it's not the 55+ crowd causing the majority of the problems. There are several of these projects around and none of them are epicenters for crime hot spots with the police (unlike the Armour properties). There is a major project in an old hospital in Beacon Hill, and another on Linwood -- just east of 71 Hwy. And I could be wrong, but I think the one in the old hotel at Linwood and Paseo also is -- and there is never the type of crime around these apartments as there are around the others.

That said, I would agree that I'd much rather see this get turned into a mixed-use or market-rate apartment. It's just amazing that the incentive structure is always in favor of subsidized units.


The Chatham was on the top of the list of projects that City Council is supporting for 4% low-income housing tax credit projects. City Council adopted the project recommendations at their meeting on Thursday.

Mark Funkhouser

The financials for this project were strong and it had a great deal of neighborhood support. Seemed like an obvious call to support it.


Thanks for the response Brent. I'm glad to hear about the other projects that appear to have been successful. I look forward to the Chatham turning out in the same fashion. I love this stretch of Broadway and I hope that it redevelops a bit.


Okay, lets add a little more information. Did you know that the PIEA is currently preparing an amendment to its existing PIEA on Broadway in order to add the Chatham property? And, of course, that would only be done if the developer intended to seek PIEA tax abatement. Now, I'm not saying that this would be bad; I'm just saying that it looks like a strong possibility. Mixing 4% low-income housing investment tax credits, historic rehab investment tax credits (federal and state) and a PIEA property tax abatement probably makes sense, but this project will need to be vetted financially before it can be approved.


Thanks Bub for the details.

I only got an email from the Broadway/Westport Council (who seems to be on board) -- it's been pretty interesting that the media really hasn't covered this at all.

This is a building in an area that makes sense to support -- you know, as long as the math makes sense.

The comments to this entry are closed.

Blog powered by Typepad