Whole Foods Market Opens at 360 Market Square

This week, Whole Foods Market opened its doors to customers for the first time. First customers were greeted with gift cards, fresh coffee and bread samples, as well as the first 500 receiving gift cards ranging from $5-$50 in value, with one lucky recipient getting $500.

The 40,000 square-foot grocery store at 320 E. Market Street, part of Flaherty & Collins Properties 360 Market Square project, opened at 9am Wednesday, March 21. The store features a tap room with 20 Indiana beers on tap, a coffee bar, an assortment of Japanese-American mochi ice cream, pizza, a salad bar and a hot foods bar, and more than 100 varieties of cheese.

 

The store also includes Amazon lockers.

CHECK OUT THE WHOLE FOODS INDIANA INSTAGRAM ACCOUNT HERE

This is the fifth Whole Foods in the state. As part of Whole Foods commitment to the area, they have several planned 1% Community Days, where one percent of that day’s net sales are donated to local non-profits or educational organizations.

  • Wednesday, March 21 – City Market
  • Thursday, March 22 – Wheeler Mission
  • Friday, March 23 – Keep Indianapolis Beautiful
  • Saturday, March 24 – Indianapolis Public School Education Foundation
  • Sunday, March 25 – IndyCog

You can visit the store website HERE to learn more.

The Yards Breaks Ground in Kansas City Stockyards District

KANSAS CITY – Flaherty & Collins Properties broke ground this week on The Yards, a $41 million mixed-use, luxury residential apartment development in the Kansas City Stockyards District.

The Yards, the biggest mixed-use residential project in the Stockyards District, will consist of 232 luxury market rate apartment homes and 3,150 square feet of commercial retail space and over 9,500 square feet of amenities.

“It’s important to the city that the Stockyards District has developments like this, where people can live and engage in the community,” said Kansas City Mayor Sly James. “We want to keep the artistic aspects, but also grow this area and bring the light rail transit to connect this area with downtown.”

“This project, much like what Flaherty & Collins Properties has done with the Union Berkley Riverfront site, will serve as a catalyst of growth and development in the Stockyards District,” said City Councilman Scott Taylor.

Comprised of studios, one and two-bedroom apartment homes, The Yards development – designed by Kansas City architecture firm KEM Studio – will be authentic to the district’s rich heritage by stitching together the iconic, modern Kemper Arena and the historic Livestock Exchange building. The Yards will be focused around the active lifestyle currently found in the Stockyards District, with access to the levy, Kansas River and trails.

“We look at the stockyards as a crown jewel for the long term in the Kansas City market,” says Ryan Cronk, Vice President and lead project developer for Flaherty & Collins Properties. “The Stockyards is transforming with restaurants, bars and art galleries. We don’t view it as pioneering as some people do. We think the Stockyards is going to be a fantastic neighborhood. It’s got a great vibe today and will continue to be.”

Bill Haw, owner of the Livestock Exchange Building and surrounding properties, is the seller of the land on which the apartments will be built.

“We are delighted that a developer of the reputation of Flaherty & Collins Properties recognizes the potential of the Stockyards District,” says Haw. “They will be a perfect fit with the commercial, entertainment and sports facilities springing up around the Livestock Exchange Building. Our confidence in the project is reflected in our willingness to participate in the financing of the apartments.”

The Stockyards District, home of the Livestock Exchange Building, once saw 66,000 head of cattle per week come through the stockyards.

 

The Livestock Exchange Building, which will be next to The Yards, was completed in 1911 and was the largest livestock exchange building in the world. It is listed on the National Register of Historic Places.

Across the street is the former Kemper Arena, which is undergoing a $39 million renovation into a youth sports complex. Kemper Arena is also listed on the National Register of Historic Places, and hosted the 1988 NCAA Men’s Basketball Final Four, as well as the 1976 Republican National Convention. The Kansas City Kings (NBA) played in the arean from 1974-1985, when the team moved to Sacramento. As recently as 2004, it hosted an NCAA first and second round.

Residents of The Yards will enjoy nearly over 9,500 square feet of amenities. The Yards will feature a communal lounge and co-working area, saltwater pool and outdoor living and kitchen area, a community demonstration kitchen, an activity lounge and Fitness Center featuring Fitness OnDemand®, Bark Park and a Skydeck with panoramic views of downtown Kansas City. The Yards will be focused on custom service to their residence, featuring morning coffee service and other hotel-like amenities.

Apartments will include Euro-style kitchens with tile backsplashes, mudroom, mobile islands with quartz countertops, stainless steel appliances, smart thermostats, and LED lighting throughout.

Financial project partners include Citizen’s Bank & Trust, Equity Bank, First National Bank, and The Livestock Exchange. Additional project partners include: KEM Studio (architect), Landform (civil engineers) and Apex Engineers (structural engineers). MW Builders is the general contractor. The City of Kansas City (Missouri) and the Economic Development Corporation of Kansas City (EDCKC) have also been integral project partners.

The project, at 247,597 square feet, plans to be completed by the Summer of 2019. Learn more at www.theyardskc.com.

AAKC Crystal Merit Awards

It was quite the celebration on Saturday evening in Kansas City, as the Apartment Association of Kansas City (AAKC) handed out their Crystal Merit Awards at the 21 annual gala. Held at the Kansas City Convention Center, over 1,000 people were on hand for the event, which showcased and highlighted the best of of the multifamily industry in Kansas City and the surrounding area.

Flaherty & Collins Properties and one of it’s newest communities – The Heights at Linden Square – walked away with three awards on the night following 19 nominations.

Our winners:

  • Website of the Year – The Heights at Linden Square
  • Property Management Team of the Year – Under 250 Units – The Heights at Linden Square
  • Marketing Director of the Year – Brian Moore, Flaherty & Collins Properties

“It was an honor to be nominated, so it is certainly humbling to actually receive the award,” said Brian Moore, Vice President of Marketing & Communications for Flaherty & Collins Properties. “We’ve got a great team out here at The Heights and with our new projects coming to Kansas City this year in Union Riverfront Berkley and the planned groundbreaking of The Yards, we’re excited about Flaherty & Collins Properties presence here in Kansas City.”

The AAKC has 811 member communities and organizations, with over 80,511 units represented.

Happy Holidays from F&C!

This week, Flaherty & Collins Properties held it’s annual Corporate Holiday Party, and a good time was had by all in our (still relatively new) digs in the Regions Tower in Downtown Indianapolis.

HR Director Chris Guess and Construction Team Member Wes Young discuss the Secret Santa

F&C Team Members (L-R) Melissa Rusler, Jamie Kenyon, Flo Brengle, Jeff Hammersley , Julia Young and Josh Marsh enjoy the 2017 Holiday Party.

Carolers visiting the F&C Corporate Office – December 14, 2017

The F&C Corporate Team enjoys Jerry Collins annual “Year in Review”

Capping the season for us though was the gift of giving back to those in need this holiday season. Partnering with The Children’s Bureau of Indianapolis, we sponsored two families this holiday season, providing over 40 gifts that will hopefully make the season a bit brighter and merrier.

Additionally, we set a goal, after discussing with the Children’s Bureau about the need of shoes for children of all ages, to donate 100 pairs of shoes to the organization.

We’re happy to say that our wonderful F&C team members raised the bar and we’ve collected 120 pairs of shoes for those needing some good kicks. Special thanks to Quality Boutique on Mass Ave. for their discounts in helping us purchase “quality” shoes for the drive’s effort.

“We continue to expand our giving back to the communities we live, work and play in, and I’m proud of your efforts these past several months to find unique ways of giving back to those in need,” said Jerry Collins, president of Flaherty & Collins Properties.

To learn more about The Children’s Bureau, CLICK HERE.

With that, we encourage you to keep the spirit of the season alive all the year round, and wish you a very Happy Holidays, from all of us at Flaherty & Collins Properties!

RiverHaus Ground Breaking in Covington, KY

Ceremonial turning of dirt

We had the pleasure of heading to Covington, Kentucky this week for the groundbreaking of our newest mixed-use, luxury apartment development – RiverHaus.

A $50 million mixed-use, luxury residential apartment development at the former site of Mainstrasse, RiverHaus consists of 192 luxury market rate apartment homes and 3,100 square feet of retail. Comprised of studios, one and two-bedroom apartment homes, the development will boast the finest amenities in the Northern Kentucky market.

Mayor Joseph Meyer

“This project is going to build on and add to the quality of life here on Mainstrasse,” said Covington Mayor Joseph Meyer.

Residents will enjoy nearly 7,000 square feet of amenities, including an amenity courtyard, featuring fire pits, bar, lounge areas, grilling station, and saltwater pool with a large wet deck. A sky deck will give residents views of the Covington and Cincinnati skyline. Interior features include a coffee lounge, club room, conference room, pet wash, bike storage and repair, gaming and study lounge and 24-hour fitness center featuring Fitness OnDemand®. The project includes a guest suite and concierge services.

“Everyone who lives in Covington will benefit from the impact this development will have,” said Flaherty & Collins Properties CEO David Flaherty.

Apartments will include polished quartz kitchen countertops, cultured marble vanity tops with integral sinks, tile backsplash in kitchen, stainless steel appliances, undermount faucets and sinks, LED lighting in entries, kitchens, bathrooms and closets.

“This project has been the vision of the city of Covington and we couldn’t have done it without them,” said Flaherty & Collins Properties lead project developer Deron Kintner. “We are very excited to partner with the City of Covington on this fantastic new mixed-use development, which we believe will be the destination for luxury urban living in Covington.”

RiverHaus Breaks Ground

TCF is providing the construction loan for the project. Core Real Estate Capital provided additional financial support of the development.

PACE Equity, the leading project developer and funder of CPACE (Commercial PACE) projects on a national basis, is providing approximately 10% of total development funding, at $4,400,000, for RiverHaus. The project represents an exciting milestone as the largest PACE multifamily new construction project nationally. TCF Bank is the major funding bank on the development.

“This project is the largest new construction multifamily project on a national basis to utilize PACE financing, which is very exciting,” Beau Engman, PACE Equity Founder & President. “It’s always great to see PACE utilized to transform a vacant lot into such a fantastic project for the area.”

Additional project partners include PDT/SFA Architects, Civil & Environmental Consultants, Inc., and Harrison Lynch & Brumlee. Flaherty & Collins Construction is the general contractor.

The project, at 341,925 square feet, plans to be completed in 2019.